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Tessa to an ISA

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Comments

  • Careful_ly
    Careful_ly Posts: 623 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    tonyg wrote:
    Just checked Kent Reliance only allow full transfers out, not partial transfers out. A bit mean as I wanted to maintain an account with them.

    Before you transfer out open another account, that should be okay I think, but do check. :beer:
  • tonyg_2
    tonyg_2 Posts: 494 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Careful_ly wrote:
    Before you transfer out open another account, that should be okay I think, but do check. :beer:

    Good idea - just checked their standard savings accounts and I have to say I am shocked by how terrible these interest rates are!
  • Careful_ly
    Careful_ly Posts: 623 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    tonyg wrote:
    Good idea - just checked their standard savings accounts and I have to say I am shocked by how terrible these interest rates are!
    If you dont mind a £25 regular payment by standing order, go for the regular saver account at 4.5%
    Their website is not very clear but if you can open with £100, then make regular £25 payments in then that should keep your membership with them open. 4.5% isnt too bad and you can make withdrawals it seems, but dont go below £100 to retain membership.
    HTH Careful_ly
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