Cash ISAs: The Best Currently Available List

vulcan59

Ruffler 30 day notice cash ISA rate is up to 3.15% AER from 5th May.

Lady_K

I set up a saver direrect reward on the phone the other day with halifax and the cirtificate has come through today saying 'halifax isa saver direct' is this ok or have they opened the wrong kind of isa? If they have made an error can they correct this?

pete1976

MarkyMarkD wrote: »

The main reason that people want to fix is because the best fixed rates are better than the best variable rates.

Yes they might be now but will they be better over a 2-3 year period? I dunno, maybe they will, I just (personally) wouldn't lock in for more than a year in case rates go back to the 5-6% level in a couple of years.

MarkyMarkD wrote: »

Fixing also stops people wasting hours of their life checking rates all the time!

I accept this point definitely. Well not so much wasting time checking rates but the hassle of having to switch funds to the current best buy.

silvercar

To add to the list, Birmingham Midshires have an online one year fix 90 day notice account paying 3.15%.

Only took 5 minutes to open

Deesc

Anyone have any experience with the Kent Reliance mini cash isa?

Baldur

Deesc wrote: »

Anyone have any experience with the Kent Reliance mini cash isa?

There are numerous references to KRBS ISAs, if you search the forums, e.g. post #7 in this thread - http://forums.moneysavingexpert.com/showthread.html?p=18034883&highlight=kent+reliance+isa#post18034883 or posts #568 & #569 here - http://forums.moneysavingexpert.com/showthread.html?p=16682181&highlight=kent+reliance+isa#post16682181

Booradley_2

Lady_K wrote: »

I set up a saver direrect reward on the phone the other day with halifax and the cirtificate has come through today saying 'halifax isa saver direct' is this ok or have they opened the wrong kind of isa? If they have made an error can they correct this?

The (1) 'Halifax isa saver direct' pays 0.5%
I assume you wanted (2) 'Halifax isa direct reward' paying 3% fixed for 12 months. If your're not transferring from another isa then your account should have been styled as (2).However if are transferring then from there website

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[FONT=Arial, Helvetica]Important Point[/FONT]
[FONT=Arial, Helvetica]When you ask us to transfer your existing ISA to a fixed rate ISA Saver, we may open it initially as a variable rate Halifax ISA Saver. Once we receive all your ISA funds, we will change it to a fixed rate Halifax ISA Saver.[/FONT]

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I would check.
BTW off all the names they could pick for a product they name two entirley different products with very similar names. Deliberate confusion?

Boo

Lady_K

I did ring them and they have set me up with the wrong isa, I did want the isa saver direct reward 3% and paid in £1000. When I recieved the certificate its the 0.50% isa saver direct. It would be interesting to know just how many people are set up on the wrong isa when phoning to set it up and never notice till its too late to change. The names are too similar and it is too convenient for them to make the excuse of it being an error when people do notice.

They have said they are going to change the product not the isa for me so it seems the account number will still stay the same I'm presumming. I asked if I would get the full 3% from the day I set it up and they said yes but didnt sound too convincing.

Also when I received the certificate and letter it didnt have anything for me to sign as it should have done. The new certificate and paperwork should arrive within 10 days they said but I cant fund the account till its all sorted out. I'm not happy about it really

Booradley_2

Lady_K wrote: »

It would be interesting to know just how many people are set up on the wrong isa when phoning to set it up and never notice till its too late to change. The names are too similar and it is too convenient for them to make the excuse of it being an error when people do notice.

Exactly.
Keep pushing them. You want the rate from the day you deposited your money. As you're not transferring tell them the other £2600 allowance will be going into Barclays Golden isa (3.61% variable - no transfers in) and that the original 1k will be moved as soon as the year is up.
Keep at 'em. good luck

Boo

MarkyMarkD

You cannot split your current year's allowance between two providers, if that is what Booradley is suggesting.

Even if that wasn't what you were suggesting, I thought I should point it out in case others are confused in the same way that I am.