Cash ISAs: The Best Currently Available List

organic_wanabe

My Nationwide bond matured on 21.03.10 but I had done nothing as I have been away for a few weeks. On Friday morning, before I read that it had been withdrawn on Thursday, I decided to go into the branch to see if the 3 year 4.4% offer was still available because I didn't want to post the form and then find out the offer had been withdrawn and so waste more time. I ws told that it still applied and they took the form off me to send to Head Office. In the afternoon, I came on this thread to get ideas for another ISA which I want to transfer. When I noticed that the 3 year 4.4% had been withdrawn, I telephoned Nationwide and was told 'not to worry' as the rate would be honoured as I was an existing customer. I made them make a note of their promise online against my account.

freddysmith

Update to my previous replies about NW 3yr fixed rate.

I have now received my ISA maturity instructions effective on 17/04/2010
It includes the 4yr at 4.25% but also a 3yr at 4.15%, not as good as previous rate (4.40%) but at least an option not on the website at the moment.

Milarky

4% REGULAR SAVER ISA 2?

(details yet to be confirmed on mbs site though)

Kazza242

Santander have withdrawn their Santander and A&L Flexible ISAs paying 3.50% and replaced them with Flexible ISA 2 paying 3.20%. The guarantee to pay BOE base rate +3.00 has also been reduced to 2.70%.

This is rather disappointing from Santander. I guess that their main competition was Barclays, but as their ISA is only paying 3.10% there was not much incentive for Santander to keep offering 3.50%.

Milarky wrote: »

4% REGULAR SAVER ISA 2?

(details yet to be confirmed on mbs site though)

The Manchester BS Regular Saver ISA 2 (4.00% TBC) is already on the list. I am waiting for them to confirm the rate and the terms and conditions on their website.

MarkyMarkD

I don't think it's "disappointing". I think it's Santander admitting that they mis-priced the product quite dramatically - probably thinking that someone else would attempt to price compete with them. But instead, most other providers have been pulling products or repricing them downwards over the past few weeks, leaving Santander high and dry with floods of business which, on past history, they'll struggle to process.

edda

Tax year 2010-11 only

http://www.coventrybuildingsociety.co.uk/savings/taxfree.aspx?WT.ac=HP_1_FI1Y3_FI2Y9

Fixed at 3.25% to 31.5.11

or

Fixed at 3.5% to 31.5.12

£5,100 must be invested as a lump sum - no transfers in are allowed

(Kazza - your comment in post 1 says "2010/11 transfers in only accepted" and possibly needs changing)

Paul_Herring

MarkyMarkD wrote: »

leaving Santander high and dry with floods of business which, on past history, they'll struggle to process.

Don't Santander struggle to process business even when they aren't rushed off their feet?

KTF

Fresh off emoneyfacts from Nottingham BS:

FIXED RATE ISA Issue 1: a fixed term branch based cash ISA maturing 5.4.13 with a minimum investment of £15K paying 4.00% yearly.

Withdrawals not permitted. Further additions whilst issue remains open.

Transfers in permitted. Transfers out on 180 day loss of interest

Shame its branch based only but its a good rate for a 3 year fixed if you dont need to access the money.

Kazza242

MarkyMarkD wrote: »

I don't think it's "disappointing". I think it's Santander admitting that they mis-priced the product quite dramatically - probably thinking that someone else would attempt to price compete with them. But instead, most other providers have been pulling products or repricing them downwards over the past few weeks, leaving Santander high and dry with floods of business which, on past history, they'll struggle to process.

In my opinion it is disappointing as the 3.50% Flexible ISA wasn't available for long. They could have at least waited until the end of this tax year before withdrawing it. As I wrote in my previous post, I think that they only offered 3.50% because they thought that Barclays' offering was going to be better than it turned out to be. I think that Santander will lose out on some new ISA business as savers decide to go elsewhere - especially if you have to visit a branch in order to open the 3.20% offering.

edda wrote: »

Tax year 2010-11 only

http://www.coventrybuildingsociety.co.uk/savings/taxfree.aspx?WT.ac=HP_1_FI1Y3_FI2Y9

Fixed at 3.25% to 31.5.11

or

Fixed at 3.5% to 31.5.12

£5,100 must be invested as a lump sum - no transfers in are allowed

(Kazza - your comment in post 1 says "2010/11 transfers in only accepted" and possibly needs changing)

This is what it says on emoneyfacts here. Please note that the new Coventry Building Society ISAs weren't yet on the Coventry website when I added them to the list yesterday.

cyclonebri1

Paul_Herring wrote: »

Don't Santander struggle to process business even when they aren't rushed off their feet?

Don't want a war but after 30 years dealing with Abbey/Satander, I have not had a single issue. Maybe it's because I pay up on time??????????????

Feel free to comment,