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Cash ISA - What's your thoughts?
Hi Guys, I'm fairly new to the ISA scene, and I hope to get more of an insight through this open topic, and a couple of questions I have. Maybe you more experienced people can give me a heads-up upon certain basic rules or guidelines that I should be aware of. Forgive my ignorance or naivety regarding any questions I might…
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Coventary ISA Transfer
I have a 5 year ISA with Coventry at a poor rate of 1.75%. It has 2 year left to run. Can I transfer it to another Coventary ISA at ~4% or is it easier to transfer it to another provider? I'm assuming I will loose 90 days interest, but can't find the original T&C's to confirm exactly
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IWeb - Why aren't they on the MSE top SSISA list?
You can invest (in one lump) 20k into a single fund for only £5. From my 2mins of research there are only two providers who can beat that T212 and IE. Am I missing something?
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Trading 212 - call response read Trustpilot
On recommendation from here I set about opening a new account - for a transfer in Cash ISA - few steps but done 👍👍 Tried to transfer in from Cooperative bank - no go - it isn't listed. Wrote on their contact us form - 24 hours later - no response. Gave a one star on Trust Pilot explaining the issue. Within 10 minutes - I…
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Virgin Money 1 Year Fixed Rate Cash ISA Exclusive Issue 7
This account matures on 29 November 2024 and I recently received an email saying: "After maturity, we’ll automatically switch your account to an Easy Access Cash ISA Exclusive Issue 3 in line with your Terms. It pays a variable interest rate of 4.51% Tax Free AER" However, this account was withdrawn on 12 November 2024. As…
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Query re: when a fixed term ISA (opened and matured in different tax years) counts
Hi all, I opened a 1 year fixed cash ISA in Sept 23 (23/24 tax year) depositing the full £20k allowance at account opening. It matured in Sept 24 (24/25 tax year) with £1,500 interest and the ISA account had to be closed. I gave instructions to transfer the full amount (£21,150) to a new cash ISA with the same bank. Sorry…
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Easy access Cash ISA - withdrawing and returning cash
Pretty sure I already know the answer to this but if someone could confirm that would be great. I have put £20k into my easy access Cash ISA this tax year, i.e. the full allowance. If I want to say withdraw £8k, but then return this £8k after this current tax year ends, i.e. 6th April 2025 or later, I can do this but my…
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Paying into a HTB ISA and cash ISA
My daughter has a Help to Buy ISA which currently stands at £14,000 and is paying 4.7% with Yorkshire BS. She is aware that she only needs to hold £12,000 to get the benefits when she buys a house. We were wondering if now the rules have changed regarding paying into ISA`s if she would be able to put £17,000 into a cash…
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ISA transfer and opening
I have a fixed rate cash isa with kent reliance and I have paid into it this tax year £19k. It is due to mature in December. I’m aware that the new rules with Isas suggest you can open multiple cash isas in a tax year, provided you stay within the limit of funding. Kent reliance is a company who don’t allow you to pay into…
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Can you open up multiple inheritance ISAs with multiple banks
Hi, I'm trying to help my Dad sort out my late Mum's estate. She had multiple cash ISAs with multiple banks, and we want to get all of those transferred over to my Dad. Each bank she has account with with offer a way to open up an inheritance ISA and get the money transferred over. However, after speaking with at least one…
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Trading 212 - Safe for over £85000 cash ISA?
Hello Because Trading 212 hold portions of your money across three different banks, I'm just wondering if it would be safe to put substantially more than the £85000 per financial institution limit in their cash ISA. Thanks in advance for any advice.
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ISA transfer, after maturity?
My Santander Cash ISA matures in 2 weeks and they are taking the mick with their 1.25% which drops to 1% in a few months. It annoys me so much I'm transferring out the ISA and will also transfer my current account from them to a more modern bank shortly afterwards. I'm about to use trading212 to start the ISA transfer but…
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Vanguard Personal Rate of Return figure
Evening forum. I don't understand Vanguard's Personal Rate of Return figure; how does that translate to an annual rate of return figure please - is there an equation?
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S&S ISA - overthinking, help!
So, I want to open a stocks & shares ISA but I'm someone who very much overthinks things, so combining that with my lack of experience here means I keep backing out of investing at the last minute. Here are my issues: 1. I want to invest at a sufficient risk level to make it worthwhile, but I am nervous about risk. I'm the…
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ISA advice - Money market funds.
Hi Forum, Having successfully transferred my Royal London ISA to Vanguard's FTSE Global All Cap (Accumulation) fund, I have about circa 200K in that fund now. However in 3 to 4 years time I will need to withdraw about £10,000 for a family matter. My question is, whether I should withdraw this amount from the All Cap at…
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Partial ISA transfers when ISA is combination of current and previous years?
Can anyone advise...my partner has a Bank of Scotland ISA that matured yesterday to a 1.35 ISA Saver. I encouraged him to open several new ISAs to transfer this to, so earlier this week helped him open a Zopa 4.8% (4.5% from 22/11) and Paragon Double Access 4.87%. Background - both of us were financially fairly clueless…
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Trading 212 Cash ISA tax liability
I am new to ISA's so apologies if this seems like a stupid question. I opened my first ISA with Trading 212, I deposited £20,000 which I understand that the interest on this amount is tax free, if I put more money in this account will the first £20,000 remain tax free and I would only pay tax on interest on funds above…
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Chip flexible isa
Hi everyone. I have a Chip flexible isa which I opened last year. I had £17000 in it from the last tax year. I have recently opened a Trading 212 flexible isa this year. I plan to withdraw the most of the funds from the Chip isa and deposit them in the 212 isa, manually not through isa transfer. Obviously because 212 has…
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Future Investment/Pension
Hi all, I am a 35 year old male, married, but in the process of divorcing my wife. I want to start looking at my future retirement pot. I am self-employed and on modest pre-tax income between £20-24k. We have an our home (no mortgage). I am also on a very small £4k salary with a pension. I will be looking to buy my wife…
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Shares ISA
Hello, Could I set up a direct debit to be taken out every month on pay day for 5 yrs with a shares isa. Could I also choose a certain stock i.e Tesla, to buy every month? TIA.
