The Best Mini Cash ISA Article Discussion Area

Saving_Grace_4

Jem, the best ISA at the moment is ING Direct's which is 6.55% but only for six months, then it drops to a variable rate of 5.13%. So stick with the Tax Beater as it's not worth changing. Plus, the Tax Beater offer is now closed so you have one that others would like to get hold of but can't! Ha ha!

twinklie

I just got a NS&I Direct ISA....was this a good move?

Zinger549

twinklie wrote: »

I just got a NS&I Direct ISA....was this a good move?

Well the rates just gone up to 6.3% which is one of the best I think.

gzed

My ISA from Halifax has just gone up to 5.75% (from 5.55%) this morning (01/08/2207).

Joscar

I know this is the discussion for Best Mini Cash ISA, but is there a discussion for best Tessa only ISA? Do any of you have any recommendations for this kind of account? Or will ISA providers accept funds transferred from TOISAs? The TOISA rate I am getting is 4.89% and I am sure I could do better than that.

eggmanpete

Is it true that with a NS&I direct cash ISA you can only have up to £3000 in the account at any one time, not one penny over.
Or does this mean something different?
http://www.nsandi.com/products/isas/from_disa.jsp
http://www.moneysavingexpert.com/savings/best-cash-isa

"Unfortunately this cash ISA doesn't allow you to transfer previous years' cash in it."

jem16

You can only open the NS&I ISA with new money so no transfers in.

Some people opened one with £3k last tax year and have now added £3k this year so £6k plus the interest gained so far. Next tax year they can add £3600 so £9600 plus interest.

So basically you can add £3k each year.

efunc

crickey, I need to move money money out of the lousy HSBC ISA! At only 5.5% it's not looking too hot. NS&I and BMW look attractive, it's just a shame they won't let me transfer in.

MO2

I have been in touch with A & L as I want to transfer my previous ISA funds to Kent reliance BS. They tried to offer me a 3 Years fixed rate of 8.5%, but I did not get more detail on this deal. I want to leave them as I am fed up!! Any information on that??

moscow_flyer

I am new to isa's hand have just read that i can open a max of 3 mini isa's each year.
So can I go and open 3 separate isa's with 3 separate banks and invest £3k in each?
Please advise!!?