Cash ISAs: The Best Currently Available List

dlevene · 17 July at 8:09PM

Flurry of new cash ISA offers on Money Facts Compare, including Moneybox topping the table at 4.55%.

I just missed their offer at 4.75% so I'm hoping they get into a price war with T212 again.

dlevene · 22 July at 12:31PM

https://forums.moneysavingexpert.com/discussion/comment/82073019#Comment_82073019

As expected, T212 (4.67%), Moneybox (4.65%), Plum (4.6%), and I think Chip (4.55%), are all slowly but surely nudging each other up...

Keep going, keep going! Judging when to jump

moi · 22 July at 1:05PM

https://forums.moneysavingexpert.com/discussion/comment/82077548#Comment_82077548

This term from Chip 4.55% is rather severe!!

²If you transfer out or close the Smart Cash ISA you will forfeit any unpaid interest.

pecunianonolet · 22 July at 1:09PM

https://forums.moneysavingexpert.com/discussion/comment/82077598#Comment_82077598

That's why everyone should turn their back to them and leave. Chip used to be really great but they hit one low after another so moved everything and closed it down and OH is in the process of doing the same.

dlevene · 22 July at 2:05PM

Yeah Chip and Plum have some grim terms. Can't go with T212 as had an ISA with them before. So cheering Moneybox on...

winkowinko · 22 July at 3:43PM

The Chip monthly interest is paid on the 10th working day of the month, so if you wanted to transfer out, it's probably best to initiate the transfer on 11th working day to minimise any loss of interest.

You'd still have to cross your fingers and hope they don't drag the transfer out though.

winkowinko · 22 July at 3:46PM

Has anyone transferred out of their Chip smart ISA recently? Would be interesting to hear how quickly it was processed.

I have transferred out a couple times over the years and it was always super quick. That was on their old rules though where interest wouldn't be forfeited.

1spiral · 22 July at 6:27PM

Not recently but I transferred from chip to Charter last year. It was a nightmare, 2 issues, the first was Charter's fault because the way they asked the questions regarding current years subscription lead to them submitting a request that chip took as a partial transfer request which it was not. The second however was wholly chip's doing.

My address is:

house number, street name

estate name

town name

postcode

when opening the chip account, after entering the postcode it auto fills the address when you select the house number. Their system didn't populate the estate name which lead to an address mismatch and an overall time period of about 5 weeks for the transfer to complete. Needless to say, they upheld my complaint.