-
Wealthify - shocking amateurs
I really don't think MSE should have any association with this outfit. After three years they have turned the £5,000 investment in my grandson's ISA into £4,850. This is based on their middle ground investment plan. When we contact them their response is the classic standard, " investment is a long-term thing". Of course…
-
Wondering about initial funding of possible new Halifax 1 Year fixed Cash ISA.
I have a fixed savings account (not with Halifax) which is not an ISA, and it matures on 26 April. Withdrawals are not allowed until it matures. I hope to put the proceeds into a new fixed ISA for the year 2025 to 2026. I did telephone Halifax to ask but I don't think I was good enough at explaining what I meant and it…
-
Transfer money from cash ISA to LISA
Hello, I am wondering if I am able to transfer £4000 from my cash isa with Moneybox to my LISA with Moneybox before the end of the financial year without this counting towards my £20,000 annual ISA allowance or whether this will count towards this still?
-
Flexible ISA query
I am looking to open a Chip ISA paying 5.37% (including a 3 month bonus) for the 25/26 tax year. I intend to deposit the funds on 6th April (can't do it before as I'm already maxed out for this year). I would then like to make the usual test deposit/withdrawal of a small amount to see how quickly money can be withdrawn and…
-
Are there any 3 or 5 year fixed rate cash isas that allow you to put in new money each new tax year?
I've been looking at the possibility of opening either a 3 or 5 year fixed rate cash and wondered whether it's possible to have an account where if finances permit, I could pay in my annual allownance each April to take advantage of the fixed rate (not transferring in). All the providers I've looked at seem to restrict…
-
Does withdrawn money have to go be repaid in to the same ISA?
Hi - I've looked on all the bank websites and Isa T&Cs but it still isn't clear to me. At the end of April last year, I put £17500 into a flexible fixed rate ISA with Provider A. I then started an Instant cash isa with my main bank - Provider B - and transferred £200 a month to that from my current account as I knew I…
-
CAN I OPEN ANOTHER CASH ISA
Hi, I've got a cash ISA maxed out for this year 2024/25 and I plan on opening another on 5th April this year (or just after thereabouts) Can I open one now instead but not put any money in it until after 5th April to get todays interest rates or do I have to wait until after 5th April to open it?
-
Adding additional funds to a fixed rate cash ISA throughout the term
I'm sure i've seen this raised before but can't find the thread despite searching for a while. Which providers allow you to add further funds throughout the fixed rate term?
-
LISA First Time Buyer rule
I started saving in LISA with Tembo, who are absolutely fantastic by the way! After loading a few £250s and then a whole £1,000, my mum decided to reveal that when I was 4 years old, we moved to a new house and they wrote me as a part-owner of it. I was 4, it was back in Ukraine, and the house is long sold. Nor me or my…
-
Too late to open an ISA?
If I opened an ISA tomorrow for example and put 20K in and then added 20K on 6th April would I get interest on 40K for the 2025/2026 tax year? Also is it an easy process to open an ISA or do I have to mess about with proving identity etc with photo licence like I had to for a savings account.
-
RBS to NatWest isa transfer
Hello, Would a RBS to Natwest isa or vice versa be classed as a internal transfer so could be done in under 5 days. Being as they are basically the same bank under different brands?
-
Lifetime ISA Bonus Pending Mid Transfer
Hi, I did something a bit silly without realising with my Lifetime ISA, I transferred it to a new provider (via the correct route, i.e. the money was transferred ISA to ISA via the banks), but I have a pending Government bonus in the old ISA which I totally forgot about. Will I still receive the bonus? The money has been…
-
First Time S&S ISA advice
After building up a good amount of savings in cash ISAs and regular savings, I’m intending to start dipping my toe into investing with a S&S ISA. I’m pretty sure I know what I need to, but think a bit of a sanity check from people more knowledgeable than myself wouldn’t hurt. I’m aware that I should be looking to invest…
-
1 year cash ISA that matures in June 2025
I have a 1 year cash ISA that matures in June 2025 My question and I apologies if it sounds naive, can I top my current 1 year cash ISA with part or all my new £20,000 tax year allowance and still have tax free savings in my 1 year cash ISA? Or what is the best approach for an ISA that mature part way into a new tax year,…
-
Do l need to fund isa first?
I've been looking at some 1 and 2 year fixed isas which are asking between £1 to £5000 to open the account. But l want to just transfer 24/25 old money into one of these new accounts. Can this be done? Also l have 3 isas with three separate banks can l do multiple transfer to the same new isa?
-
Which S&S ISA? Suggestions please.
I want an ISA that I can pay into weekly. I want to contribute £10 per week and I'm happy to look at moderate to higher risk. Which ones would you suggest?
-
isa rules
can anyone clarify the isa rules for me. I had the full allowance in a cash isa and withdrew it all for a purchase (which didn't happen), can I reinvest the full amount with a different provider that pays a higher rate?
-
Isa year 25/26
Is it better to open a new cash isa now for year 25/26 to get a good rate and wait until April 6th before adding funds or will the rates be better after April 6th? Please help
-
Transferring an NS&I ISA
I have an old NS&I cash ISA, which I want to transfer into my new Kent Reliance ISA. KR acknowledged the transfer request, which was over a month ago now. I've just had another letter from KR, saying that they still have not received a response from NS&I. They say they will continue to persevere until they complete the…
-
If Cash ISAs are ended by Government.
As an example, if I am not working or eligible for state pension yet, and earning £5k per annum from private pensions, could I transfer the money from my cash ISAs into a standard interest rate account, and earn £13,570 per annum without paying any tax? From what I have read I believe this is the case.
