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Goodbye First Direct ISA

Mikhail
Posts: 262 Forumite

Hi Guys,
Here are the new first direct e-ISA rates applicable from the 6th of April 12 to all e-ISA accounts, unfortunately, for me it is definitely bye-bye, as I can find a better rate easily, even on £40k+ savings. For new ISA savers, IMHO it would be better to keep their savings in a non-ISA account than doing it with first direct e-ISA.
Source: http://goo.gl/krKFY
Cash e-ISA rates
Balance AER Tax free
£1+ 0.50% 0.50%
£5,000+ 1.20% 1.19%
£10,000+ 1.70% 1.69%
£20,000+ 2.20% 2.18%
£40,000+ 3.00% 2.96%
Here are the new first direct e-ISA rates applicable from the 6th of April 12 to all e-ISA accounts, unfortunately, for me it is definitely bye-bye, as I can find a better rate easily, even on £40k+ savings. For new ISA savers, IMHO it would be better to keep their savings in a non-ISA account than doing it with first direct e-ISA.
Source: http://goo.gl/krKFY
Cash e-ISA rates
Balance AER Tax free
£1+ 0.50% 0.50%
£5,000+ 1.20% 1.19%
£10,000+ 1.70% 1.69%
£20,000+ 2.20% 2.18%
£40,000+ 3.00% 2.96%
0
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