Cash ISAs: The Best Currently Available List

carpy

can you apply now to open one for next tax year??? online application only states 09/10 but other times when i've applied for ISA's at this time of year you get the option asking whether it's this tax year or next.....

diamond_dave

Just checked the Mansfield B.S site & it states that it does not acccept transfer in.Can anyone confirm this?

Baldur

diamond_dave wrote: »

Just checked the Mansfield B.S site & it states that it does not acccept transfer in.Can anyone confirm this?

It seems quite clear:
http://www.mansfieldbs.co.uk/savings_detail.aspx?id=81

We do not accept cash ISA transfers from other ISA Managers or from our variable rate cash ISA into our 1 Year Fixed Rate cash ISA Bond.

Paul_Herring

storminmike wrote: »

Is that £10,200 made up of £5,100 this FY and £5,100 next FY?

Yup. £8,700 if you're younger. (£3,600 this financial year, £5,100 next.)

Paul_Herring

carpy wrote: »

can you apply now to open one for next tax year??? online application only states 09/10 but other times when i've applied for ISA's at this time of year you get the option asking whether it's this tax year or next.....

It's entirely up to the discretion of the provider I suspect.

All they do if they do accept prior applications is do all/most the paperwork before April 6th, and implement the paperwork on April 6th.

Lokolo_2

The list with the rates on the first page is fantastic! Now i regret though having just transfered to Northern Rock for a 5yr fix (stepped), when some are offering 5%

obsessed_saver

aaronmanz wrote: »

The list with the rates on the first page is fantastic! Now i regret though having just transfered to Northern Rock for a 5yr fix (stepped), when some are offering 5%

If you've only just started the 5 year fix, can't you just transfer it to the new 5% 5 year fix provider with only a few days/weeks lost of interest? Might be worth the difference over 5 years?

Baldur

obsessed_saver wrote: »

If you've only just started the 5 year fix, can't you just transfer it to the new 5% 5 year fix provider with only a few days/weeks lost of interest? Might be worth the difference over 5 years?

Other than within the first 14 days, if it's the Issue 5 Stepped Fixed Rate there would be a significant charge:

Stepped Fixed Rate Cash ISAs are intended as longer term deposits, although you can have access to your money, subject to a charge equivalent to 120 days' loss of interest on the amount withdrawn from issue 5.

boobbby

Baldur wrote: »

Other than within the first 14 days, if it's the Issue 5 Stepped Fixed Rate there would be a significant charge:

Did you take out the LloydsTSB 3.2% cash ISa saver ? or did you find a better deal ?

Baldur

boobbby wrote: »

Did you take out the LloydsTSB 3.2% cash ISa saver ? or did you find a better deal ?

No, I decided to go for the M&S FRISA @ 4% - even transferring out after a year (at a cost of £100) would earn me about £330 more than the LTSB 3.1% offering for the same period.