1st Direct ISA

markizok

Hi guys

I currently have my ISA HSBC and am considering moving it to 1st Direct - any thought on how good this prodcut is?

grumbler

5.37% tax free, equivalent to
5.50% AER (fixed) until 15 February 2006
and then
3.93% tax free, equivalent to
4.00% AER (variable) thereafter

markizok

Sorry, im pretty simple with this.
Does that mean the interest will drop in Feb and that when i max it in april ill get a poor rate?

Is there a consistantly good ISA out there?

grumbler

markizok wrote:

Does that mean the interest will drop in Feb and that when i max it in april ill get a poor rate?

Yes.

Is there a consistantly good ISA out there?

If you want stability, go to Nationwide (4.5% now for non-'long-term members'). Those who chase best deals move now to Halifax (5%) or A&L (5.2%, includes bonus of 0.70% until 30.04.07).