Cash ISAs: The Best Currently Available List

MarkyMarkD

You don't need to keep a close eye on it. Under the Banking Code they would have to tell you if they cut the rate by over 0.25%, independent of a bank base rate change.

SARAH570_2

Does anyone know is it possible to transfer a previous years ISA into a new ISA without actually putting any new money in for the current tax year? The ISA's I am thinking of are: Northern Rock Fixed Rate Cash ISA Issue 109 & Halifax Fixed Rate Halifax ISA Saver. I can't put any funds into the account for this year as I have already put money in an EGG ISA and want to put some money in each month.

rb10

Halifax you definitely can transfer in without paying in this year's allowance. I don't know about Northern Rock, but it should say in the T&Cs if it's prohibited.

For Halifax, there is no point in opening the one year fixed ISA unless you have at least £10k, as their ISA Saver Direct has a higher rate, and more flexibility in the access.

Paul_Herring

Does anyone know is it possible to transfer a previous years ISA into a new ISA without actually putting any new money in for the current tax year?

It's possible in that HMRC rules allow it, however individual institutions can add rules to the effect that you must contribute to the current tax year's contributions with them.

Bandido

I just went to apply for the hsbc fixed rate isa only to be told that I actually need to open a current account alongside it. I'm certain that it's not on the website. Has anyone opened one without being told they have to open a current account?

Baldur

Bandido wrote: »

I just went to apply for the hsbc fixed rate isa only to be told that I actually need to open a current account alongside it. I'm certain that it's not on the website. Has anyone opened one without being told they have to open a current account?

Theres no such requirement in the Terms & Conditions, see page 8 onwards - http://www.hsbc.co.uk/1/PA_1_5_S5/content/uk/pdfs/en/cash_isa_brochure_tc.pdf;jsessionid=0000z3CPBp4NFp9AkECmM6qR9Ew:12c58nvti

Bandido

Yeh I didn't think so. I asked him if it was because I didn't have a bank statement as proof of i.d. (only a recent isa certificate from a bank) and he said 'no it's what I'd say to anyone who came in here'. Grr. What do I do? I guess just go to another branch?? I'm annoyed because he also took a photocopy of my passport and an isa certificate knowing full well that I probably wouldn't be offered one without that condition.

molerat

SARAH570 wrote: »

Does anyone know is it possible to transfer a previous years ISA into a new ISA without actually putting any new money in for the current tax year? The ISA's I am thinking of are: Northern Rock Fixed Rate Cash ISA Issue 109 & Halifax Fixed Rate Halifax ISA Saver. I can't put any funds into the account for this year as I have already put money in an EGG ISA and want to put some money in each month.

Can do with Northern Rock, have just transferred from Birmingham Midshires to a 109.

Note for Kazza242

NR have closed 106,107 and 108 and opened 109,110,111 at 3.25 and 3.3%, higher than the previous issues.

loobs40

1 year fixed rate ISA with Chesham BS seems to have disappeared. Was going into the branch tomorrow to set one up

fullstop

molerat wrote: »

Can do with Northern Rock, have just transferred from Birmingham Midshires to a 109.

Note for Kazza242

NR have closed 106,107 and 108 and opened 109,110,111 at 3.25 and 3.3%, higher than the previous issues.

Issue 109 from Northern Rock at 3.25% seems to be a good rate at the moment fixed till 15th June 2010.

Accepts transfers in as well.