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Barclays Golden ISA

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Comments

  • Batchy
    Batchy Posts: 1,632 Forumite
    datostar wrote: »
    I was thinking of doing this, but according to the T&C's for the Golden ISA 2 you have to subscribe at least £1 at the time of application, so if you've already subscribed into another Cash ISA for the 2009/10 tax year you'll be breaking HMRC rules. I interpret this as meaning that I can't open a Golden ISA 2 for 2020/11 before 6 April as Barclays require money to be put in at the time of application.

    Thanks for this, I do have online access... and if you need the £1 then your right. I will be waiting until tuesday 6th April to open mine, I hope they don't drop it before then!!
    Plan
    1) Get most competitive Lifetime Mortgage (Done)
    2) Make healthy savings, spend wisely (Doing)
    3) Ensure healthy pension fund - (Doing)
    4) Ensure house is nice, suitable, safe, and located - (Done)
    5) Keep everyone happy, healthy and entertained (Done, Doing, Going to do)
  • I can't imagine they will. Last years Golden ISA was not dropped until the beginning of June.
    Saving for a house deposit and associated costs:

    £7750/£30000 = 25.83%
  • techno12
    techno12 Posts: 734 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    edited 1 April 2010 at 1:33PM
    I've just transferred my Issue 1 Golden ISA to FirstDirect as I'm sure the rate will drop like a stone in a few months, just as the previous year's Tax Haven ISA did. Waiting with the full £5100 for April the 6th when I'll open a new Golden ISA issue 2. I would open one now with £1 but I've fully subscribed this year so I'm forced to wait until the 6th and they may well do a Santander and reduce the rates on the 5th (I read that on another thread on here - though they didn't drop the rate last year).
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