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Nutmeg vs Natwest ISA
I have a S&S ISA with Nutmeg that I consider as a secondary rainy day fund, on top of savings in current accounts. Currently with 10k and might add another 10k in the future and no plans to withdraw in the short term. Selected risk level 2 (cautious) allocation that has like 40% equities. Natwest has a similar ISA with…
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Interest/tax question
I know this is covered in some MSE articles and in other threads but I still find it confusing. My wife (basic tax payer) and myself (higher bracket) have £46k in savings (currently in a 5.1% variable account), in addition to having maxed our ISA allowances this year. Are we likely to go over the tax threshold for this…
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HSBC USA vs premier account
I have the opportunity to change a hsbc cash is a to an investment isa but comes with heavy fees..I could transfer out of hsbc to a better performing company but may lose my premier account status…what’s your opinion?…
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Virgin Money ISA transfer out problem
Hi I have a transfer to Nationwide of my Stocks and Shares ISA started on 09 May 2024. It took until 18 Jun 2024 to sell the units and now the money just sits there. I've chase VM many time but just get stock answers. Raised complaint. I found out that Nationwide have been chasing VM too. Sent email to Financial Ombudsman…
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isa in two names has has been suggested by solicitor
Is this possible? Can I give my son 20k in an ISA that I have both him and I as signatories? so I have some control of his withdrawals?
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Monthly Income from Stocks & Shares ISA?
Is there such thing as an S&S ISA that will pay out a monthly income, in a similar way to a Drawdown SIPP? Presumably dependent on the underlying Investmentss paying monthly income? Or is this a really stupid question :)
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Stocks & shares ISA limits
Stocks and
shares ISA advice please. If I receive a dividend of, for example, £1000 from a
company whose shares I hold in my Stocks & Shares ISA can I then use that
money to buy more shares in the same company, or a different company, in
addition to my £20,000 allowance? The dividend would be paid as cash into my
ISA, not…
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Flexible ISA - previous years' money
I thought I understood the Flexible ISA rules, but seeing this comment from Virgin about previous years, now I'm not sure. Are they saying that if your balance includes previous years transfered in, that portion is excluded from flexibility? "As this is a flexible ISA, you can take money out from your account and put it…
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Trading 212 Cash ISA - QMMF protection
This cash ISA came up top of the list on MSE so I went to open an account. However MSE says that it's FCA protected, which is true if you choose not to earn interest, but Trading 212 says you have to consent to keeping your money in a QMMF (which isn't FCA protected) if you want to earn interest. Am I right in thinking…
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JISA / LISA / ISA for 18 Year Old
My son turns 18 very soon and his Junior ISA will be automatically converting to an Adult ISA. We already have a reasonable sum in his JISA - enough for a ten percent deposit for a first time home anyway. So what's my best route - can I transfer his now adult ISA into a LISA to get the 25% bonus? Or am I limited at…
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UBL and United trust bank
Hi all, I would like to go with a cash ISA from UBL or United trust bank. I dont know much about either - has anyone any experience of them please? Thanks Mia
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Maximising allowance across ISAs
I have opened a flexible cash isa with Trading 212. I have transferred (and closed) my old cash ISA. I also have a stocks and shares isa, which I contribute at £300 PCM and a lifetime ISA at £25 PCM. I am trying to understand if I can do this: So far I have contributed £1500 to my stocks and shares isa (5*300) and £125…
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Trading 212 - 2FA
Looking to set up 2FA on my T212 account on iOS Says to install authentication app and lists Google Authenticator or Authy pros and cons on them
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Virgin Money Fixed Cash ISA Maturity
Hi, Just interested in peoples experiences with Virgin Money and Maturity options / Transfers. I have a Fixed Rate Cash E-ISA due to mature on Saturday 24 August 2024. I received the notification from Virgin last Thursday 15th August 1233. Which as I've been away I didn't pick it. Totally my fault I know. But I recall,…
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ISA confusion
Seeking help re maturing ISA my current cash ISA of £20K matures very soon on 1/9/24. Opened with £20K 1/9/23 i also purchased in May 2024 £7K in stocks and shares ISA with trading 212. I suddenly realised if I reinvest the £20K cash ISA ( plus interest circa £1K) it would seem to go over this year’s allowance. I had…
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Multiple LISAs & the 12 months withdrawal rule.
Something that I cannot find confirmation on is the following scenario - LISA #1 - S&S Lisa - over 12 months old. LISA #2 - Cash Lisa - under 12 months old. Would you be able to transfer from LISA #2 into the mature LISA #1, and be able to use the full combined amount, without the 12-month withdrawal penalty for a house…
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Cash Isa
I am looking for a easy access Cash Isa. I see that some say flexible, and others do not. Am i correct in thinking when it says flexible, i am able to withdraw money, and also put money back in. Whereas non flexible will not allow me to do this. Equally if i was to open one Now. Would i be able to deposit £20000 either…
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Trading 212 to reduce interest rate on Cash Isa from 5.2% to 5% from 9th September.
As per screenshot below. A 0.2% reduction in interest rate from 9th Sep.
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Planning ahead, Virgin &, Nationwide Customers
With a couple of fixes maturing shortly, I was looking at what Virgin have to offer. I see only one fixed ISA for a year. Since the planned takeover looks to be going ahead, I am thinking, having accounts with both Virgin and N/wide could prove to be problematic. If you are in a longer fix(es) if available and the £85k…
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Isa Transfer
I wonder if it is worth transfering a maturing isa to another provider unless there is a big increase in interest percentage.I was going to transfer from Virgin to Santander. Santander being 4.62% Virgin being 4.5%.On the amount in savings, gives me an extra £84 per annum with Santander. But last time I transfered to…
