Cash ISAs: The Best Currently Available List

Booradley_2

MarkyMarkD wrote: »

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.

Aplogies. I was suggesting that. I didn't know you couldn't split.

Thanks for the info MarkyMark

Lady K. If your still unhappy with halifax and can't get the 3% then I suppose you could transfer the fist payment (£1000) to another provider. Not to Barclays gold though as they don't accept transfers on that product.

Boo

opinions4u

Lady_K wrote: »

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 fact they confirm details in writing so quickly after the account is opened suggests that this isn't a big issue.

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.

But the rates are a long way apart and people notice rate more than product name. It's not a deliberate ploy to rip people off imho.

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.

That's how it should work.

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.

The date it became a 'Reward' will show clearly on their systems. So you will be able to ring up or pop in to a branch and check this with them. If it is still wrong, they can amend things in about 2 seconds, as long as the Reward product still exists.

Also when I received the certificate and letter it didnt have anything for me to sign as it should have done.

No.

If you haven't funded yet, then this may be the reason why it isn't yet showing as 'Reward'. It may well be that paying in your £1000+ triggers this. I would have expected the telephone agent to communicate this clearly though.

carpy

vulcan59 wrote: »

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

bloody typical...just transferred out from them on 30/4/09!!!:mad:

carpy

MarkyMarkD wrote: »

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.

whoops... i've split my allowance for this year...what will happen?:o

Lady_K

opinions4u wrote: »

The fact they confirm details in writing so quickly after the account is opened suggests that this isn't a big issue.

But the rates are a long way apart and people notice rate more than product name. It's not a deliberate ploy to rip people off imho.

That's how it should work.

The date it became a 'Reward' will show clearly on their systems. So you will be able to ring up or pop in to a branch and check this with them. If it is still wrong, they can amend things in about 2 seconds, as long as the Reward product still exists.

No.

If you haven't funded yet, then this may be the reason why it isn't yet showing as 'Reward'. It may well be that paying in your £1000+ triggers this. I would have expected the telephone agent to communicate this clearly though.

I funded the account at the same time I opened it on the phone direct from my halifax current account.

Also I understand what you mean about the interest rate being a big difference and this was my main concern when I got the certificate and letter about the isa saver direct they have put me. Because nowhere on the documents is the interest rate stated at all, this is what made me more concerned because not all people would query this. I looked for any mention of it and there was non and the name is very similar, some people wont check if the same happens to them

owitemisermusa

silvercar wrote: »

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

New money only!

Kazza242

The first post of this thread has been updated.

The Ruffler Bank (30 Days notice) ISA rate has been increased to 3.15%.

Chesham Building Society have launched a range of competitive fixed rates ISAs, both paying 3.25% for 1 and 3 years respectively. Skipton Building Society have launched a 1 year fixed rate ISA paying 3.15%. They have all been added to the list.

Leeds Building Society have increased the rate paid on their 5 year fixed rate ISA from 3.50% to 4.00%. Julian Hodge Bank have increased the rate paid on their three year fixed ISA to 3.25% and their 4 year ISA pays 3.30%.

Manchester Building Society have withdrawm their notice and fixed rate ISAs, therefore they have been removed from the list. Also removed, was the Principality Regular Saver ISA which has been withdrawn.

Next update will be in a day or two.

Booradley_2

Kazza242 wrote: »

Skipton Building Society have launched a 1 year fixed rate ISA paying 3.15%. They have all been added to the list.

I went into the skipton who have recently aquired the Scarborough where my main isa is. I wanted to transfer, and then pay in this years allowance over the next few months. They said I could only pay in ths years allowance until 31.5.09. They didn't think I'd be allowed to deposit the £1500 increased allowance in October.
I have an appointment with their 'Whole of market Financial Advisor' next week. He says it will take two hours.

Boo

Lou_010

I think I've been reading up too much and I'm a bit confused about something! I know that each tax year everyone gets a new cash ISA allowance and it says on the site you can keep it in there, tax-free for as long as you like and as soon as the next tax year starts you can put a new £3,600 in too. But it also says that you can only have an ISA with one provider in any tax year however you can hold ISAs from different years with different providers.

I opened an ISA with Halifax in June last year so can I open another one at another bank, in this tax year, now, without closing the one at the Hailifax?

Any help will be much appreciated!

Lokolo

Lou_010 wrote: »

I think I've been reading up too much and I'm a bit confused about something! I know that each tax year everyone gets a new cash ISA allowance and it says on the site you can keep it in there, tax-free for as long as you like and as soon as the next tax year starts you can put a new £3,600 in too. But it also says that you can only have an ISA with one provider in any tax year however you can hold ISAs from different years with different providers.

I opened an ISA with Halifax in June last year so can I open another one at another bank, in this tax year, now, without closing the one at the Hailifax?

Any help will be much appreciated!

Yes you can as long as you haven't deposited money into the Halifax one since April 6th. If you have then that is your ISA for this tax year.