Cash ISAs: The Best Currently Available List

badger09

smulx wrote: »

If I transfer money to a new ISA from my Natwest one, do I have to transfer the entire balance or can I choose how much to transfer?

Also, is there any limit to the amount that can be transferred? For example if I was moving to a Santander account at 3.3%, could I transfer £15,000 and earn 3.3% on the entire balance?

Assuming your NatWest ISA allows you to transfer out (without penalty) you can transfer as much as you want. The only rule is that you can't split your current year's subscription; so if you've paid in say £2000 since 6 April 2012, you have to move the whole £2000 to the new provider, or none of it. Previous years' subscriptions can be split however you choose.

You could indeed transfer the whole £15k to Santander and earn 3.3% on the whole balance

smulx

that's great, thanks for the info. Just need to check if Natwest will let me transfer out now.

harz99

Just been wading through Saga's online application process to transfer previous years contributions from Nationwide to Saga, as they offer much better fixed rates and are one of the few to offer a monthly paid away interest option.

It is really poor that N/W, as a mutual, cannot offer better fixed rates than they currently do. Not one single entry from them in Kazza's list says it all.

macgyver

I have deposited the full amount for this tax year in the 1 year fixed Halifax direct ISA which was giving me a good rate. It has matured now and the rate has dropped.
My question is, can I transfer the whole amount into a new ISA account without depositing any new money (since I have used up the allowance for this year)?
Thanks

innovate

macgyver wrote: »

I have deposited the full amount for this tax year in the 1 year fixed Halifax direct ISA which was giving me a good rate. It has matured now and the rate has dropped.
My question is, can I transfer the whole amount into a new ISA account without depositing any new money (since I have used up the allowance for this year)?
Thanks

Yes you can

Froggitt

last year surely......

innovate

Froggitt wrote: »

last year surely......

eh? are you referring to macgyver's Q?

Just to reconfirm: you can transfer an ISA if you have paid into it this financial year.
http://www.hmrc.gov.uk/isa/faqs.htm#6

Consumerist

macgyver wrote: »

I have deposited the full amount for this tax year in the 1 year fixed Halifax direct ISA which was giving me a good rate. It has matured now and the rate has dropped.

How can this year's (2012/13) fixed ISA have matured already?

innovate

Consumerist wrote: »

How can this year's (2012/13) fixed ISA have matured already?

It can be an ISA opened some time ago, which allowed further payments to be made after April 5 this year. Then matured sometime between then and now.

Jo4

What is the difference in Santander's Direct ISA (Issue 9) and Santander's 1 year fixed rate ISA? Which of these two ISAs are best?