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MSE News: Santander closes best buy cash ISA early

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Comments

  • MSE_Martin
    MSE_Martin Posts: 8,272 Money Saving Expert
    Part of the Furniture 1,000 Posts Combo Breaker
    I've had a heads up the next year version of this will be at 3.2% but with the same guarantees
    Martin Lewis, Money Saving Expert.
    Please note, answers don't constitute financial advice, it is based on generalised journalistic research. Always ensure any decision is made with regards to your own individual circumstance.
    Don't miss out on urgent MoneySaving, get my weekly e-mail at www.moneysavingexpert.com/tips.
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  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Well I suppose we will just have to see if we can populate the current ISA on 6thApril, or have to open a new one.
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • withabix
    withabix Posts: 9,508 Forumite
    I have to wonder whether it is worth the extra £20 interest for the extra work required to get the Santander one over the Barclays Golden ISA, when the latter just requires me to do a few clicks whilst logged in to Barclays???

    PS: Hurry up X-O......I want to take up my 2009/10 S&S ISA allowance and you aren't emailing me fast enough....
    British Ex-pat in British Columbia!
  • Batchy
    Batchy Posts: 1,632 Forumite
    withabix wrote: »
    I have to wonder whether it is worth the extra £20 interest for the extra work required to get the Santander one over the Barclays Golden ISA, when the latter just requires me to do a few clicks whilst logged in to Barclays???

    PS: Hurry up X-O......I want to take up my 2009/10 S&S ISA allowance and you aren't emailing me fast enough....

    im of the same opinion, but the deal breaker for me is when I get an offset mortgage with maybe woolwich, i will be able to include these in the offset... saving me even more spondoolies... ;-)

    Also, I like a one stop shop, and the hassle and difference for 20 quid seems ridiculous to change banks, its easier to move current accounts and all savings rather than have so many different providers.

    To see the big picture you need a portfolio account like trustnet to get your big head with the big balances. lol

    All you have to think is hassle, time and petrol, effort, parking chgs visiting branch etc.
    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)
  • Former_MSE_Dan
    Former_MSE_Dan Posts: 1,593 Forumite
    1,000 Posts Combo Breaker
    This has closed for ALL now - and the 3.2% rate from 6 April has been confirmed

    http://www.moneysavingexpert.com/news/banking/2010/03/santander-isa-now-closed-to-all
    Former MSE team member
  • flyforfun
    flyforfun Posts: 65 Forumite
    I went into a branch on Saturday, filled out an ISA form as all the advisors were busy and told somebody would call me back. Still waiting. Have rung up the branch twice. Still waiting. :mad:

    Now I read the above and wonder if they will honour the origianal rate. :(
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