Cash ISAs: The Best Currently Available List

borderline

I have 20k new money , I have doubts about Trading212… would that be ok to put all that money onto Trading212?

MeteredOut

https://forums.moneysavingexpert.com/discussion/comment/81912307#Comment_81912307

What doubts do you have about T212?

borderline

https://forums.moneysavingexpert.com/discussion/comment/81912310#Comment_81912310

because they are not a traditional bank. And when I want to transfer my money somewhere else I don't want to have any issues

KneadtheDough

https://forums.moneysavingexpert.com/discussion/comment/81912307#Comment_81912307

@borderline wrote: "I have 20k new money , I have doubts about Trading212… would that be ok to put all that money onto Trading212?"

FWIW, I have held an ISA with Trading212 for more than a year now, and it's been great (APART from the annoying way they, like others, don't reward loyalty (my bonus rate has ended and so the payable interest rate is lower than that if I were allowed to become a new customer)).

aroominyork

https://forums.moneysavingexpert.com/discussion/comment/81890647#Comment_81890647

Has anyone seen any info about whether the Prosper Cash ISA will be available when the new tax year starts in a month?

winkowinko

Prosper now paying 4.6% (including the newbie bonus rate).

Has anyone received the bonus rate AND the extra £100 on offer for putting £10k away for at least 6 months?

crumpet_man

https://forums.moneysavingexpert.com/discussion/comment/81890833#Comment_81890833

If your existing ISA is flexible, why not withdraw £10k and deposit it in a new Prosper ISA?

aroominyork

https://forums.moneysavingexpert.com/discussion/comment/81913691#Comment_81913691

I have a flexible T212 but having put £20k into it this year, I don't think I can add to a second ISA.

JohnB47

https://forums.moneysavingexpert.com/discussion/comment/81913719#Comment_81913719

Correct, you can't.

crumpet_man

https://forums.moneysavingexpert.com/discussion/comment/81913820#Comment_81913820

Forgive me if I have got the rules wrong. Can you not withdraw this year's funds from a flexible Cash ISA and then pay it into a different Cash ISA in the same tax year?

There is no longer a requirement to repay the funds to same cash ISA it was withdrawn from, providing it is withdrawn from the current year subscription.