Cash ISAs: The Best Currently Available List

Optimist

tiptoe_mouse wrote: »

Except that I was referring to the Principality ISA - see the quote in my post.

tiptoe

Indeed I really must learn to read...To think all that money my father spent on my education wasted

wakeupalarm

I opened a new Halifax FRISA yesterday online at 5% but haven't funded it yet as the money is coming from somewhere else and I don't have the payment details. I just called them up and they said the interest rate will be the current rates ie 4%. Is this correct?

KingL

It's a long and winding road - see posts 50 onwards here for a range of different experiences http://forums.moneysavingexpert.com/showthread.html?t=1212275&page=2

tiptoe_mouse

Staffordshire Railway Building Society are reducing their rates. Their ISA will pay 3.65%, or 4.10% for over £10,000, from 10th December 2008.

tiptoe

Stompa

wakeupalarm wrote: »

I opened a new Halifax FRISA yesterday online at 5% but haven't funded it yet as the money is coming from somewhere else and I don't have the payment details. I just called them up and they said the interest rate will be the current rates ie 4%. Is this correct?

If you're transferring from another ISA then I believe it will be 5%, but I suspect just 4% for new funds.

alared

Stompa wrote: »

If you're transferring from another ISA then I believe it will be 5%, but I suspect just 4% for new funds.

Incorrect

http://www.halifax.co.uk/isas/transferringyourisa.asp

Transferring to a fixed rate ISA
If you ask to transfer to our fixed rate ISA, interest rates may change before the transfer has been completed.

Stompa

alared wrote: »

Incorrect

http://www.halifax.co.uk/isas/transferringyourisa.asp

Transferring to a fixed rate ISA
If you ask to transfer to our fixed rate ISA, interest rates may change before the transfer has been completed.

I know that's what it says on their website, but having phoned them on a number of occasions they've assured me that the rate is actually fixed at the point of application, as long as the account is funded within 60 days (transfers only). There are quite a few other posters here who have been told the same thing.

Inforapennyinforapound

Regarding earlier posts re Halifax.....just to repeat what i said before....i opened a Halifax fixed 5% isa yesterday IN BRANCH and the assistant assured me that this is the rate i would get(it was a transfer)..and she opened it with £1.00.....their money not mine!!!

cottager

Re. 60-day interest 'hold', see Halifax ISA Promise at
http://www.hbosplc.com/media/pressreleases/articles/halifax/2008-08-27-TheHalifax.asp?section=Halifax
(posted on another thread)

MarkyMarkD

I think Principality must have deliberately delayed the implementation date for their rate change, in order to hoover up some money from other banks & building societies.

If so, it's very odd that they were telling callers on Monday - including me - that the rate was about to be changed to 4.05%, but then they announced today that the new rate was effective from Monday. Cunningly leaves them at the top of the best buy tables in the weekend press as the personal finance sections are (generally) printed before Friday. Naughty, eh?