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Is transferring to fixed-rate ISA worth it?
Hi all, I currently have an easy access cash ISA (paying 4.5%) so that I could build up a decent amount of savings. I'm now thinking of locking in a one-year fixed rate. The rate offered by my current provider isn't very competitive (5.2%). Virgin is offering 5.85%. But is it worth switching? I saw that transfers can take…
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Splitting my cash ISA
My ISA is over the FSCS limit so I want to split it into a 12 month fixed rate with the remainder in an easy access cash ISA. Having had 2 abortive attempts at setting up a fixed rate so far (one with UBL and one with Oaknorth) I am about to start attempt 3 with Virgin Money. The Virgin instructions are to check whether…
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isa transfers and further deposits
I have an accessible cash isa, which has a flexible (lower) rate. I regularly put in what I can afford, but due to current rates beginning to stall, I am looking around for a fixed rate. Can somebody please advise me, can I transfer my current years investment of cash isa funds into a new fixed term isa, and continue to…
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Can I transfer ISA to VM (sort code 05) online ?????
On their website I can only do post or in store. Any way around this ?
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Help To Buy ISA advise
Hi My daughter is not far off getting to the £12k savings in her Help to Buy ISA. As we all know this the maximum that she can get to where the 25% bonus will be applied when she purchases a property. She wants to continue saving, but the rate on the help to buy is much lower than some of the other cash ISA's that are…
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Closing help to buy ISA for bonus
Hi folks! Well the moment I've been dreading (but looking forward to lol) has finally arrived. My solicitor has instructed me to close my help to buy isa! I asked the solicitor if when I go into branch to close it do I ask the bank to transfer the money to them but they said no and to have the money transferred into my…
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Anyone transferred S&S ISA from MoneyFarm to Iweb?
Hi, I have decided to transfer my S&S ISA away from Moneyfarm. Performance was terrible all of last year and even this year they perform worse than many basic global funds and charge a lot for it. I also have an ISA with Iweb (I decided to keep both in April to compare performance, but it is clear MF is simply not worth…
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ISA savings legalities?
Hi to all, I hope an expert out there can advise me. Question one: I have taken out a 2 year fixed rate cash ISA, my 1st since the 70's / 80's (formerly TESSA's), opened in this current tax year 23/24, in August. I want to know if I can open another fixed rate cash ISA up to the 20k allowance from April next year, in the…
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Regular deposits over years
Sorry if this is a basic question..! If I pay £150 into a stocks and shares ISA each month - the same platform, same fund, etc. - over a number of years, does this mean I am using £1800 of each year's ISA allowance? And does the provider keep a record of how much of each year's allowance I have used (would it even need…
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Longest duration Fixed Rate-cash ISA allowing monthly deposits throughout term.
Good evening all, I am looking for a savings vehicle to help pay off a buy-to-let interest only mortgage. My mortgage rate is 3.79 fixed for the next nine years. As ISA interest rates are improving at the moment, I was thinking of using a longterm fixed rate ISA that would accept ISA transfer, but most importantly allow…
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Transfer cash out of a self select ISA to a cash ISA.
Hello everyone. Thanks for looking at this. I have cash in a self select ISA but I don't want to invest in any more shares and I don't want to sell all my other shares to close the account. SO : Does anyone know of a company that has a cash ISA that will allow a partial cash transfer from a stocks and shares ISA? So far I…
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established vs higher interest
Hi, Why might someone want to invest their money into an established ISA (e.g. Santander) as opposed to a less established ISA with higher interest rates (e.g. UBL)? Are there any risks associated with less established ISAs? If so what are they? Thank you!
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Nationwide ISA matured and disappeared
I had a fixed ISA maturing this week. I gave my instructions to them over a week ago to open a new fixed rate ISA. Today I logged on and the balance is 0 in the ISA. No new ISA so tens of thousands disappeared from sight. I tried chat who seemed quite blasé and said I should wait five days for it to reappear. When I asked…
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ISA or Easy Access
Can someone advise. My partner is looking to invest around £60k until we find the correct house for a relocation (hopefully over the next 12 months). He currently doesn't have either an ISA or a savings account, just a current account. He is a tax payer. Is it worth opening an ISA AND a savings account given the short…
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what to do ?
I have a Help to buy ISA, with over 12.000 in it. I am over 40 so can not change it to a lifetime ISA. My question is as I could only buy a house up to £250.000 and there is nothing available where I live for that money that is big enough, should I change to a different saving account ? I am also due to inherit some money,…
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Fixed rates if another base rate increase?
For all the talk of the base rate now having peaked, given the 5-4 vote it seems to me that it would only take a small rise in inflation (or perhaps even no change) to tip the decision toward another 0.25% rise at the next decision point. I have an ISA that matures on 10th October so essentially need to decide whether to…
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UBL fixed term ISA
Having seen the UBL 1 year fixed term ISA at the top of the cash ISA table currently I decided to transfer part of my existing cash ISA. I’m about to give up however. Firstly I got halfway through registering for an account and got ‘something went wrong’ and had to start again. Then my iPad didn’t save the secure password…
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ISA question
I opened an easy access ISA with Shawbrook a couple of months ago, intending to switch it to a one year fix as soon as I could max it out at £20,000. That happened Friday, but after I messaged them they pulled their one year fix, lowering the rate. Can I now open an ISA with a different provider and transfer the funds or…
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MoneyBox Cash ISA - Loss of interest on transfers - Advice pls?
Hi all, I recently opened a MoneyBox Cash ISA and set up an ISA transfer from my existing cash ISA, for £85K. My existing provider, Coventry Building Society, paid interest right up to the day they sent the transfer, and they chose a transfer method that they said meant the funds arrived with MoneyBox the same day.…
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Yet more trouble transferring an ISA from Virgin to RBS and Natwest.
Hi folks, I have read the other thread on here about problems transferring an ISA from Virgin to RBS. Myself and my partner seem to be in the same situation. 1 I myself opened an ISA with Natwest, posted off the ISA transfer form, this went through fine. 2 Two weeks ago both myself and my partner opened ISA's with RBS (she…