Cash ISAs: The Best Currently Available List

NoDetail2Small

I'm looking to switch two existing Cash ISAs to something with a better interest. I am considering the Moneybox one (4.75%, limited to 3 withdrawals), but can anybody confirm if the monthly interest can be automatically credited into a third-party account and not count towards those three withdrawals ? From what I have read it seems you can't do that, but not 100% sure that is the case.

Also, saw the posts about the Monument Cash ISA about which seems to be 4.34% (with bonus rate) which looks like a fully flexible / easy access, but that isn't listed on the main MSE page on Best Cash ISA's. Is that simply due to it being very new ?

Thanks

refluxer

https://forums.moneysavingexpert.com/discussion/comment/82019949#Comment_82019949

I think it's more common for interest to be paid into the same account so if there is an option to have it paid out to an external account then that would usually be mentioned in the account summary box / T&Cs, so I would have a read through those if you haven't already.

The top tables on MSE aren't updated as quickly as some other comparison sites, so I wouldn't read too much into the fact that the Monument cash ISA hasn't been listed yet.

NoDetail2Small

https://forums.moneysavingexpert.com/discussion/comment/82020144#Comment_82020144

Thanks. I emailed Moneybox to confirm and they confirmed it is not possible to have interest paid into the nominated bank account, it can only go into the Cash ISA (with option to go into a Moneybox investment product). The Key Facts Document for that account is not accessible form their website, but they said it is downloadable within the app. They responded to my email super quickly.

The restrictions are a bit too much for my needs, so it will probably be the Monument one I will go for.

p1ston

Has anyone received their cashback for transferring their cash isa to HSBC fixed 4.5% ?

SFCooper

I’m transferring my Cash ISA funnily enough from Chip to Monument but it’s asking for a reference number.

I’ve got my sort code and account number - can anyone tell me where I can find the missing digits please?

poblomov

https://forums.moneysavingexpert.com/discussion/comment/82021920#Comment_82021920

Doubt it. Offer said it will be paid by 30 September, I think

NoDetail2Small

https://forums.moneysavingexpert.com/discussion/comment/82022070#Comment_82022070

Hi, I've just started a Cash ISA transfer into Monument from a different provider (not Chip) and whilst the app asks for account, sort code and a reference number it does not need all three. My current Cash ISA only had a (eight digit numeric) account number and sort code and it seemed to accept without me giving a reference number. But the transfer hasn't completed yet - so who knows.

NoDetail2Small

BTW - I haven't seen this mentioned here, and it is closed now 🙄 - but I saw that Monument had something called "ISA Reward", which looks like it gives a sliding reward based on having a large opening balance (if deposit had to be in account in April/May) and holding the balance until end-July or lower bonus if there are withdrawals. The max bonus seems to be £500. There is a FAQ on it. I only did a quick look at.

I've not seen anything like that before. Maybe it is something they will do again next year.

p1ston

https://forums.moneysavingexpert.com/discussion/comment/82022077#Comment_82022077

Yeah, that's what they said about the current account cash back too. Except I got paid recently.

nomorekids

https://forums.moneysavingexpert.com/discussion/comment/82021920#Comment_82021920

no cashback isn't not due until September, still badgering them to finish the transfer myself, you got paid? what the £150 or whatever early?