Alliance & leicester Direct ISA Issue 4?

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milkybars
milkybars Posts: 409 Forumite
in ISAs & tax-free savings
Can't get through on the telephone and can't find the current interest rate online either. Anyone else know the current rate for issue 4 ISAs with Alliance and leicester?

Would like to know the interest rate so that I can decide whether to move money to a new higher rate account with instant access.

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  • ***xyz***
    ***xyz*** Posts: 307 Forumite
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    2.55%

    http://www.alliance-leicester.co.uk/customer-service/pdfs/Savings-rates.pdf
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  • milkybars
    milkybars Posts: 409 Forumite
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    2.55% can be improved on me thinks... !
  • Baldur
    Baldur Posts: 6,565 Forumite
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    milkybars wrote: »
    2.55% can be improved on me thinks... !
    Especially as 1% of that rate is a bonus, which ceases either on 31st May or 2nd September, depending on account opening date.
  • Inforapennyinforapound
    Inforapennyinforapound Posts: 903 Forumite
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    Sorry to upset previous knowledgable posters......but the interest rate is actually(from 2.4.09) 1.10% up to £39,999 and 1.50% above that.

    The new Issue 5 isa is 2%
  • Baldur
    Baldur Posts: 6,565 Forumite
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    Inforapennyinforapound wrote: »
    Sorry to upset previous knowledgable posters......but the interest rate is actually(from 2.4.09) 1.10% up to £39,999 and 1.50% above that.

    ALISA.jpg
  • sheslookinhot
    sheslookinhot Posts: 1,981 Forumite
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    My OH had one of these accounts, was I think 3 or 3.5 when Icesave was transferred

    Easy ISA (accounts beginning with 378, 379)

    Monthly GrossGross AERNet£1 to £100,000 N/A 2.00 Tax Free


    Rather than have to ask for a better rate, it was transferred today to Lloyds TSB Fixed rate at 3.0%.

    A&L do have a 3.5% rewards ISA but no transfers allowed, so cheerio A&L.
    Mortgage free
    Vocational freedom has arrived
  • milkybars
    milkybars Posts: 409 Forumite
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    Either way... it's moving.

    Anyone know if I can move it to a better paying ISA AND also open the best rate ISA (that doesn't allow transfers) for my spare cash/this year's allowance?
  • tipsychick
    tipsychick Posts: 615 Forumite
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    milkybars wrote: »
    Either way... it's moving.

    Anyone know if I can move it to a better paying ISA AND also open the best rate ISA (that doesn't allow transfers) for my spare cash/this year's allowance?

    Yes that's fine. You just can't fund more than one 09/10 ISA with new money but you can transfer previous tax years to a new provider and open a new 09/10 ISA with a different provider.
  • milkybars
    milkybars Posts: 409 Forumite
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    Ah that's good news, many thanks for your replies.
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