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All the ISA rates go down after one year?
I have been in debt but now in a position go start saving again. Years ago I had an isa with interest rate about 4.5% I was building up my savings every year. Now all the ones I can see only have a decent interest rate for one year then go down to 1.5% etc. This is obviously less than inflation. I can't keep opening new…
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LISA calculation of property value for shared ownership property
I'm currently in the process of purchasing a shared ownership property. I have a question in terms of how you calculate the 'full sale price' to see if it is under £450,000 and therefore eligible for the LISA bonus. In the GOV.UK Conveyancers: Lifetime ISA technical
guidance it states that: “A Lifetime ISA investor can…
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Chip ISA 'no transfers in'
Hello, I am considering opening a Chip ISA. What does 'no transfers in' mean?
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Is it possible to invest Crypto in your ISA?
As far I'm aware you can't invest into crypto in ISAs. Please do let me know if I'm wrong
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Lifetime ISAs from age 40 onwards
Hello. The rules I am referring to for this thread are as follows: “You must be 18 or over but under 40 to open a Lifetime ISA.” I’m now aged 40. I have a cash Lifetime ISA and have maxed it over the past few years. It’s not for a 1st home, it’s for retirement. Do the rules I quoted in the first paragraph mean that, now…
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ISA transfers electronically or by cheque ? The 'BACs Cash ISA Transfer Service'
The subject of whether ISA transfers are carried out electronically or via a cheque through the post is discussed on here fairly frequently and I've not come across a definitive answer to which banks and buildings societies use which method, until I came across this list of institutions that Cynergy will only accept ISA…
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Coventry ISA maturity options - disappointing - move to virgin ?
I received my email today stating my ISA maturity options this month. Pretty disappointed really. 1yr fix 5.3% 2yr fix 5.35% 3yr fix 5.0%. The only one I might consider is the 2yr as its not too far off the best rate but I think Coventry are going to lose a fair amount of money in the coming weeks. Its a shame as I do…
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Cash ISA to S&S ISA Transfer in
Hi guys, Just wondering if transfer ins allow more than the annual £20K limit? TIA
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More than 1 ISA question
I have 1 year fixed rate cash ISA opened April 23. I ‘upgraded’ it last week to keep money/interest in for further year and held interest rate. My question - am I able to open another ISA in May 24 now with Max allowance or does my ‘upgraded’ one from 2023 tax year count as a new one as it was upgraded after new tax year…
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Metro Bank 1 Year Fixed Rate ISA
I opened a fixed rate ISA with Metro Bank last November via an ISA transfer which is due to mature this coming November. I’ve had fixed rate products before but not an ISA so was surprised to see interest paid on 5th April as I was expecting all of the interest to show up at the end of the 12 month term. That’s not an…
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Cynergy Bank ISA disappointment
This discussion was created from comments split from: Forum Home Page.
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Marcus ISA to ZOPA ISA
My wife & I want to increase our Marcus ISA accounts from 60k to 80k but keep it in one account with the best interest we can find, we may move in the next year so to keep it Easy access. I setup a new Zopa account & got the notification it was verified today (takes a few days) but when I went to transfer they don't…
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Mum's Barclays ISA...12 years it's been in !
My mother who's 86 has just told me she has an ISA in Barclays that's been there 12 years ( ? ). She says she's earned £108 from it. Now she might be getting the facts wrong...but they might be right. Should Barclays have contacted her and suggested a better deal if this is correct ? I've mentioned that she can take the…
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Vanguard S and S ISA Questions
Hi I currently have approx £10,500 in an 80% S and S ISA Vanguard account that I drip feed £200ish a month into. I decided to open a 100% more risky pot and I was going to move all of my 80% fund into it and then add a further 10k from a regular savings account. If I do this, does that put me over the threshold for the…
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JISA Yearly Cap
Hi, was wondering what happens if I have more than the £9k cap of new money for opening a JISA for each of my kids? In short, when my dad passed the sale of the house will be split between myself and my siblings with a % going to the grandchildren. This will be over £9k for both my kids. I believe the solicitors (also who…
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moving old ISAs into Virgin Money ISA help
Hi All, I've just got a Virgin Money current account so I can open the 1 year fixed ISA with them. I've already got another ISA with them from last year (opened in March last year) and a second ISA with Cynergy that I opened in August last year. I will move the Virgin Money ISA from last March into a new ISA with them. But…
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Principality Online Bonus ISA Issue 4 withdrawal
POBISA issue 4 was opened in Tax year 23-24 with no new money and funded by an ISA transfer in 23-24. This is a "flexible ISA" and I intend to make a withdrawal soon. I believe I can replace this withdrawal any time this tax year 24-25 without the replacement contibuting to my £20k ISA allowance. I may want to contribute…
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Virgin 1 Year Fixed Rate Cash ISA Exclusive - to fund or not to fund
I have opened a Virgin Money 1 Year Fixed Rate Cash ISA Exclusive, the sort code starts with 05. I had to first open the M Plus Current Account which also has the same sort code. This is the top rate fixed cash ISA deal at the moment (5.05% AER) and there doesn't seem to be any other fix deal near this rate. However, I…
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New Isa Rules Query
With the new Isa rules coming in to effect this tax year, I was thinking of putting about £5000 into a fixed rate Isa, and then later in the year opening an easy access Isa. The problem I have is that the rules state * You can now subscribe to multiple ISAs of the same type within the same tax year. Because they are two…
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ISA Funds Holding Cash in Money Market via HL Platform v Regular Bank ISA
I am wondering if anyone has any opinions on pros and cons of holding cash in a standard bank ISA or investing it in a stocks and shares ISA with HL and then taking out an investment with something like the Royal London Short Term Money Market. I was just wondering if the Stocks and shares option might give more…
