Need an easy answer r/e ISA

reliable65

Right me and wife have never had an ISA

WANT TO PUT IN £3,600 EACH NOW THEN ON APRIL 1ST PUT IN ANOTHER £3600 EACH



WHICH ISA DO I NEED ?

whu

Have a look at moneysupermarket.com for the best rates - if you go for a fixed ISA and want to add next years to it also make sure the fixed ISA allows transfers in- alternatively open 1 this year and another one next year

Lansdowne

New tax yr starts April 6th not April 1st.

reliable65

was really wanting a fixed one and to put all the money in one go as i wont be needing to touch the money

will go and have a look

alastair_h

reliable65 wrote: »

was really wanting a fixed one and to put all the money in one go as i wont be needing to touch the money

Most fixed rate ISA terms start when you pay money into them and don't allow you to add more.

This one from Dunfermline BS does allow you to add further funds, so you could pay up to £3,600 in now and another £3,600 after 6th April - same for your wife.
http://www.dunfermline.com/savings/1-year-fixed-isa.aspx 2.8%

Links to best buys
http://www.moneyfacts.co.uk/money/savings/7/fixed-rates-isa.aspx
or
http://forums.moneysavingexpert.com/showpost.html?p=4603369&postcount=1

novagirl

Barclays new Isa is one to research too on Monday. We have been told it'll be market leading with a rate of 3.61% and can be opened onlineif existing customer or in branch this year.

alastair_h

Yes there are some details here in this post, open 9-3-9.

http://forums.moneysavingexpert.com/showthread.html?t=1538489

reliable65

any more advice please?, need to do this sooner than later and my head is spinning

alastair_h

As per posts above:-

1. If you want a fixed rate you can add to Dunfermline BS (or another that allows you to do this).
2. Take out 2 separate FR ISA's per financial year.

Lokolo

reliable65 wrote: »

any more advice please?, need to do this sooner than later and my head is spinning

Stop doing drugs?

reliable65

lol is that what drugs do?

no thanks for me then lol