Cash ISAs: The Best Currently Available List

Patr100

https://forums.moneysavingexpert.com/discussion/comment/81936335#Comment_81936335

Yes, par for the course on a variable rate I know , maybe unwelcome would be a better word, rates in the lap of the Gods, in return for access.

thezigzag

https://forums.moneysavingexpert.com/discussion/comment/81939247#Comment_81939247

I have had a Virgin Money savings account for a couple of years and I have never been able to verify it with COP using either Santander or Nationwide as the nominated account. It doesn't fail COP but says it is unable to check it. It suggests that it is a problem with Virgin Money and not the nominated account. Transfers go through okay.

simonpies234

https://forums.moneysavingexpert.com/discussion/comment/81939411#Comment_81939411

I was just using that as an example, as Nationwide and Virgin money are now the same bank. Others also have failed to verify for me. But Nationwide never refuse to complete the transaction, just a give a warning, which no doubt covers them for having to repay.

It's a mute point thought, as my main point was the bank never offered a solution, they just said no.

simonpies234

https://forums.moneysavingexpert.com/discussion/comment/81939279#Comment_81939279

My point was the bank refused to help. That's just !!!!!! customer service.

happybagger

Saffron BS ISA

I do wish, when launching new product, providers would give their terms a proof read:

" 5. If you close your account, and have made a subscription to the account during the current tax year, the ISA rules do not allow you to open another cash ISA in the same tax year"

happybagger

Marsden BS have a couple of fixed rate online offerings, just above the highest shown on moneyfactscompare. They're for transfer-ins only, not new subs, with a hefty £25k min. Not for me, but might be of interest.

Approx. 2 years and 5 year fixed.

nottsphil

https://forums.moneysavingexpert.com/discussion/comment/81939845#Comment_81939845

That would be bizarre! Did you glean that from the last line of this?

Please note, we don’t accept transfers from Stocks and Shares ISAs, Innovative Finance ISAs or Lifetime ISAs. We only accept Cash ISA to Cash ISA transfers.

Or maybe

Transfers of used ISA allowances from other providers only

I'm pretty sure that just means you can't transfer in Marsden ISAs.

happybagger

The latter. I suppose the only way to find out would be to go through the opening process (which I'm not going to do)

I know they won't transfer their own accounts as I had a whinge earlier this year about that. A very odd setup. When I looked at a different ISA with them they stated you can only have one ISA with them, so couldn't open a second one if you wanted, even with remaining allowance.

Their terms were also odd in that they stated that you couldn't have an ISA with them if you had already subscribed elsewhere in the same year (so that excluded current year transfers). Though there is no way they would be able to tell.

Malchester

https://forums.moneysavingexpert.com/discussion/comment/81940061#Comment_81940061

When the changes to ISAs came in a lot of banks and building societies had the same condition that you could not subscribe to an ISA with them if you had subscribed to one elsewhere that fiscal year. I remember a long conversation with Paragon Bank who refused me an account as I had subscribed to one elsewhere. They agreed they could not enforce it and could not get the information to do so. Thankfully almost all of them have changed that condition. Quite a lot still only allow subscription to one ISA each fiscal year with them but many say it is due to their IT systems rather than anything else.

Angelica123

https://forums.moneysavingexpert.com/discussion/comment/81939845#Comment_81939845

It's badly worded but I don't think it's transfer only. But rather they say they only accept transfers when the money is available within in the coming 14 days (and money has to be in account within 30 days of opening account). I think they are suggesting that you can't set up a transfer for an ISA maturing in say 2 months time.