Reviewing ISA Rates - Q's and where Next?

sva14

I have reviewed my ISA rates in light of BOE interest rate cuts and they very low see below:-

ABBEY 4.00%
FIRST DIRECT 2.47%
THE TIPTON 3.30%


I am looking to transfer these ISA elsewhere but 2 questions:-

1) Have all providers dropped their rate following the 1.5% cut so far so it is a equal market to research?

2) Are rate going to drop again by the BOE, when is the next meeting?

What have people found to be the best ISA rate, even 6 month fixed is OK for me?

Baldur

Haven't noticed any 6 month Cash ISA accounts, but you can find 1 year fixed at 5%, e.g. http://www.moneyfacts.co.uk/money/savings/11/fixed-rates-isa.aspx

The MPC are meeting today & tomorrow, so the report will be made tomorrow - as to whether rates will drop or not is anyone's guess until the report.

alared

http://www.halifax.co.uk/isas/taxfreesavings.asp

Lokolo

Indeed Halifax so a 5% 1 year fixed, 5.5% if you have more than £30k.

Baldur

alared wrote: »

http://www.halifax.co.uk/isas/taxfreesavings.asp

Note that the headline 5.5% shown in alared's link is only applicable to funds in excess of £30,000 - the rate is 5% for lower amounts of £500+

Lokolo

Baldur wrote: »

Note that the headline 5.5% shown in alared's link is only applicable to funds in excess of £30,000 - the rate is 5% for lower amounts of £500+

Well you are a slow typer

Baldur

Lokolo wrote: »

Well you are a slow typer

Slow at most things these days.......

alared

Baldur wrote: »

Note that the headline 5.5% shown in alared's link is only applicable to funds in excess of £30,000 - the rate is 5% for lower amounts of £500+

Click on the blue "Fixed rate ISA saver" link to get the full details as Baldur points out.