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Best ISA fro transferring

Kido
Kido Posts: 473 Forumite
in ISAs & tax-free savings
I have about £6000 in last years Alliance and Leicester account. Looking round I think the Natwest E-ISA pays about the best rate. As I have my current account with the Alliance and don't really want to move it, would getting a Natwest online savings account and ISA be the best way forward. Does anyone know how long they take to set up? Or is there a better ISA out there.

Any advise would be appreciated.

Comments

  • gingernutbizkit
    gingernutbizkit Posts: 847 Forumite
    wow, I'm in exactly the same postion (although £250 less :( ).

    anyone?
  • dreamypuma
    dreamypuma Posts: 1,369 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    edited 9 April 2009 at 8:03PM
    Kido wrote: »
    I have about £6000 in last years Alliance and Leicester account. Looking round I think the Natwest E-ISA pays about the best rate. As I have my current account with the Alliance and don't really want to move it, would getting a Natwest online savings account and ISA be the best way forward. Does anyone know how long they take to set up? Or is there a better ISA out there.

    Any advise would be appreciated.

    I'm not going to be a rate tart this year after the farce that (Barclays made last year and Lloyds)

    This year I am transferring all my ISA's to:
    http://www.firstdirect.com/savings/cash-eisa-overview.shtml

    Fixed at 3.1% until next year, allows withdrawals and transfers in, and is a part of the HSBC empire (so reasonably stable). Then I'm going to watch the rate plummet on the Natwest e-isa and feel good with myself for not putting my ISA in the hands of the RBS group.
    My farts hospitalize small children :o
  • hardpressed
    hardpressed Posts: 2,099 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    That seems a good deal as it allow withdrawals, so if I transferred now and by some miracle rates rise I could then transfer to another provider.
  • dreamypuma
    dreamypuma Posts: 1,369 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    hardpressed wrote: »
    That seems a good deal as it allow withdrawals, so if I transferred now and by some miracle rates rise I could then transfer to another provider.

    I haven't seen anything saying you can't do this. I've read the website, and the product details. I've applied and I'm awaiting their paperwork to sign. If I notice any restrictions like this in the T&C's I'll be looking elsewhere.

    Your cake and eating it, tis what I do :D
    My farts hospitalize small children :o
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