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2005/2006 ISAs

Can anyone tell me approximately when the new ISA rates come out? And when is a good time to choose another provider without losing too much interest?
I got into a real tangle last year with M&S bringing out a good rate only to be pipped by the Halifax about 3 days later!

Comments

  • deemy2004
    deemy2004 Posts: 6,201 Forumite
    The ISA rates change all the time, depending on changes in base rates / money market rates.

    Hence since money market rates are in a new uptrend a base rate rise is likely in the near future, and the new ISA rates would probably follow such a base rate rise, thus they are not likely to change before 5th of April 05 (end of current tax year).
  • trafalgar_2
    trafalgar_2 Posts: 22,309 Forumite
    10,000 Posts Combo Breaker
    I'm moving this to the ISAs, Toisas, Peps & Tessas board,where it is better suited
    :)
  • dunstonh
    dunstonh Posts: 118,558 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Combo Breaker
    Short of any marketing campaign from providers, the rates will be no different. The rates are not issued on a tax year basis but change frequently depending on market conditions, marketing campaigns and if the provider wants to raise capital. Much as deemy says.
    I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.
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