5.15% ISA = any better?

HGLTsuperstar

Just a quick clarification please. Have a cash mini-ISA with A&L and fully paid for this year, rateis 5.15% (don't shout, I opened it before the rate closed so no you cant get this now but it is still open to existing customers!)
Just wanted to make sure not missing a better offer elsewhere?

anticlaus105

Think most cash mini-ISA's are now at or below 5.00%. Any that are above seem to have a 6 month bonus and then drop rate.

I myself have the A+L Direct ISA @ 5.15% and am staying put.

flossy_splodge

By existing customers do you mean someone who already has a mini cash isa with A&L or just someone who is a customer of A&L with other products?

HGLTsuperstar

flossy_splodge wrote:

By existing customers do you mean someone who already has a mini cash isa with A&L or just someone who is a customer of A&L with other products?

I mean that rate is only if you opened your ISA before the stated date, its I think 4.75% to anyone else now

Walletwatch

I have the Abbey postal ISA at 5.35% - any idea if my rate would have changed now, or do I get the benefit of the same rate, by virtue of having opened it earlier?

mary

No. it's dropped it's rate. I had the Abbey Postal Issue 1 at 5.35%, I think it dropped to 4.85%??, so I've moved on to Halifax 5%, taking with it the ISAs with First Direct which also dropped.

isasmurf

Abbey Postal ISA (Issue 1) is 4.90% AER

frankie

I too have the Abbey ISA that dropped from 5.35% to 4.9%. Given that the next best rate is 5% is it worth switching considering any interest lost during the change over period?

YorkshireBoy

frankie wrote:

I too have the Abbey ISA that dropped from 5.35% to 4.9%. Given that the next best rate is 5% is it worth switching considering any interest lost during the change over period?

If it helps you decide, Halifax backdate your interest to the day after it left your previous provider.

lipidicman

YorkshireBoy wrote:

If it helps you decide, Halifax backdate your interest to the day after it left your previous provider.

They do! This was the smoothest operation ever involving the Halifax. 10/10 in this case, so credit where it is due!

HGLTsuperstar

How have we managed to wonder from the initial question posed in this thread please?