Cash ISAs: The Best Currently Available List

ToastLady

https://forums.moneysavingexpert.com/discussion/comment/81997826#Comment_81997826

A good idea, however you can choose ISA Transfer in the full search on Moneyfacts as already mentioned.

TM74

So here's my take on it.

Ive got 20k with 212 thats reverted back to 3.6% after the generous introductory rate.

Most other isa's current rates for transfers hover around the 4% mark so not a whole lot of difference if i was to pull it and transfer it.

So im starting a new one with new money with plum that offers slightly better at 4.32%.

This way i still get an increase with both should the interest rate rise - and i think they will with the state of the political events in the UK.

Thoughts?

Dizzycap

https://forums.moneysavingexpert.com/discussion/comment/81998074#Comment_81998074

Have you thought about transfering your Trading212 @ 3.6% to your new Plum @ 4.32%? More tax-free £'s for your £40k lump sum 😉.

flaneurs_lobster

https://forums.moneysavingexpert.com/discussion/comment/81998084#Comment_81998084

Funds transferred into (as opposed to new) only earn 4.0% at Plum.

TM74

https://forums.moneysavingexpert.com/discussion/comment/81998084#Comment_81998084

I did and thats why i thought migrating from 212 ( which i have other interests) for 0.4% wasn't worth it.

Dizzycap

https://forums.moneysavingexpert.com/discussion/comment/81998096#Comment_81998096

🙄 - Plum seem to always have some clause somewhere and they never seem to be positively pushed towards the previously used ISA allowance saver, only the new. However, they're by no means alone in this practice 😶.

As for experience of transfering out: Personally, both Chip & Plum were a nighmare, but Trading212 was smooth. Sometimes, it's better to remain with the devil you know - As is in this case, obviously, unless a much better deal worth your valuable time comes along.

2010

Just upgraded Charter EA ISA issue 69 to issue 76 @ 4.26%.

soulsaver

@TM74

There is ISAs on offer at >4.50% accepting transfers in… 1.0% extra in a 1yr is £200 better off on £20k..

4.70% 1 yr fix Al Rayan via Meteor

DYOR

(I've had accounts with Al Rayan for at least a decade..)

TM74

I opened up a plum account but thankfully I've not gone ahead with it...there was so many bugs and glitches on their app it was unbelievable.

212 is so smooth in comparison...even closing plum down experienced a bug ...shame as it looked a good platform at first.

One question i have is this ...if i have 20k plus interest with 212 and the same again with another provider, can i transfer 40k plus interest to a new isa next year ( when the rules change to 12k)

TM74

https://forums.moneysavingexpert.com/discussion/comment/81998161#Comment_81998161

I saw that ...i was unsure with a investment bank based in the gulf though, ( i know they are a classed as a uk bank with the fsce protection) maybe just me, i take it with over a decade of being with them you are happy which is intriguing to me.

They seem good with fixed but not great with variable.

For me nothing comes close with 212...just a shame their introductory offer came to an end !