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Trading 212 Cash ISA 5.2% - MSE Weekly Money Tips 9 July 2024
We thought this looked a good one to invest in. Completed the application online with our bank details. Their website link to our bank would not accept our initial payment. Phoned our bank and who said other customers could not use the website either. Suggested we set up a BACS payment for £10 for starters. Several days…
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Trading 212 for ISA
Can one invest in Vanguard ETFs through Trading 212 ISA vehicle to cut costs? Would that be 1.Economical2. Protected by FSA (value of investment can go as well as down, I am aware. This is if the Trading 212 goes belly up?)
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Cash ISA Transfer - Loss of interest during transfer
I've recently transferred a Cash ISA from Cynergy Bank to Trading212. As part of the Cash ISA regulations there should be no loss of interest to the customer when this occurs. The old provider should pay interest up to the point the new provider starts paying interest. The transfer completed on the old account on Friday…
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ZOPA ISA Transfer Out Penalty Clause
Hi All, I opened a fixed term ISA with ZOPA in June last year (depositing £20k) which unlocked and changed into an 'Easy Access' ISA in June this year. Prior to the first above unlocking, I opened another one year fixed term ISA with ZOPA (for this tax year) depositing a further 20k, which is of course now locked until…
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ISA transfer from Chip to Moneybox
Hi. I have an ISA account with Chip, that was funded using last year's allowance. I want to transfer my ISA to Moneybox as the rate is higher. The problem I have is Moneybox is asking for account number of my Chip ISA account. I cannot find this anywhere on the Chip app and I have tried contacting them via chat without…
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Bewildered by ISA's
Hi, I am struggling to understand how ISA's work? If anyone can help me, I had an ISA mature and requested the proceeds be placed into a 1yr FRISA. This was opened at the start of the new tax year (24) I also have a triple access ISA with an anniversary date of March '25. My question is that my account is showing that I…
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Trading 212 - are they being a bit cheeky?
It's stated in the T&Cs that all money contributed by you is held in banks and explicitly not QMMFs so are covered by the FSCS. However, if you enable interest, this cash is held in QMMFs and not covered by the FSCS. I take it to mean that all interest is paid into a QMMF and therefore not covered - as they're contributing…
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Question maturing fixed rate ISA
Hi All, I’ve got a Santander Fixed Rate ISA maturing soon and received a message that it will be automatically transferred to an Everyday Saver. I thought that it would automatically be transferred to another ISA (although lower rate) and it was possible to accumulate the tax free savings in ISAs each year (i.e. after 2…
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Shawbrook ISA maturity - fund available date
Hi, I have a fixed ISA maturing with Shawbrook on the 6th August. We're using the matured funds to partly buy a van, and are planning on flying to collect the van once we have the money. It's too early to choose maturity options but I wanting to book flights etc and we're short on time slots to travel. If the ISA is…
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ISAs for Dual Citizenships UK+USA? - Im worried I'll lose money
Im looking at a potential move to the USA in coming years and therefore will become a tax resident there. I currently have a selection of ISA accounts and pay into my S&S ISA regularly as someone self employed its one of many ways Im preparing for my retirement. I have however just been reading about the rules on not being…
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Trading 212 ISA bank details
Do you think it’s safe to give Trading 212 my main bank details? They ask that you either link your bank account or give your bank acct number and sort code before you can pay into their 5.2% ISA that was mention in Martin’s email a couple of weeks ago
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ISA help , multi ,transfer etc
Hi I am looking for help. i have saving I would like to put into Isas. at moment I have a S&P isa for years now. And no other. if I open one today a 1 year fixed and max out . When April comes can I open another put in 20k and transfer this years one, once years up in July next year. So one with have say 40 k with interest…
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Understanding stocks & shares ISA
I opened my first ever S&S ISA just a month ago with Trading 212. My understanding is that I can pay a maximum of 20k into that ISA and once the money is in, then whatever profit I make within that ISA is tax free, no matter how much, even if it went up to 1 million? Next year I can open another ISA and pay another 20k…
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Keep HTB ISA or transfer to a normal ISA?
I have about £12,000 in a Help To Buy ISA. I think it's unlikely that I will use it before it expires at the end of 2029, but it might happen if by some miracle some affordable houses that aren't complete crap get built. I may also inherit share of a property and want to buy my siblings out, but again it depends if there…
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Transferring from Virgin to Trading 212
One of my virgin ISA rates expires on the 24th July and I’d like to transfer it to Trading 212 based on them having the highest interest rates. I’m sure my virgin account has a penalty to withdraw of 60 days interest, the product is 1 Year Virgin Fixed Rate E-ISA issue 606. When it expires they’ll automatically move the…
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Multiple Cash ISAs - unsure what to do.
I currently have 2 Cash ISAs open - Zopa, Trading 212 and Chip [all easy access CISA] Only the Zopa CISA is actively being funded and I've been paying regularly into it since December 2023. It now has £19000, I actually maxed it out before the 6th of April 2024 when the new rules kicked in, but I had to take out some money…
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Virgin Money
I have been trying to transfer a matured cash ISA from Virgin to a building society. Have taken all details to the BS, all filled in correctly and left them to do the transfer. However, the transfer has been declined by Virgin, according to the building society's letter 'no reason was given by Virgin'. This has now…
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Lost personal details
Not quite sure what to do about this in the way of protecting us from any possible fraud. To transfer my OH 's matured ISA from Virgin to new BS , I needed to send a cert copy of POA , application form for new BS POA registration , cert copy of mine and OH's passports, bank details for withdrawals + id's showing our…
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Plum ISA opened last year - how do I put money into an ISA for this financial year?
Hi I opened an ISA with Plum and filled it with the maximum 20k last financial year. I want to add another 20k now for this financial year. I'd add it to Plum if that's still the best easy access rate around. How do I do I add the money? Do I just transfer another 20k to the same Plum ISA account? Or do I need to open…
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Zopa to T212 ISA Transfer
Hi All I'm combining a couple of different ISAs (One cash and one S+S) by transferring them in to a new Trading 212 Cash ISA. I've received confirmation from Zopa today that my account has now been closed. I am unable to see my ISA in the ZOPA app and the statement shows 'ISA Transfer out'. Checking in the T212 app, no…
