Cash ISAs: The Best Currently Available List

Alex92_2

Does the Cheshire BS 2.50% still seem the most attractive ISA that allows transfers in for £11,400? Nothing else has crept up recently has it?

Peonie

elektra wrote: »

ISA says
you're eligible for a Cash e-ISA if you are an existing current account customer

I'm not sure there is a funding requirement - see below

HSBC Bank account - are you eligible ?
Will you be paying at least £500 per month into this account?
(If you don't make the £500 monthly payment required to maintain your account, we will either change it to a Current Account or give you notice that we will be closing your account. If you are under the age of 24, the qualification criteria will not apply.)

I still have an ancient current account that is not funded regularly. I shall find out later this month in my account meets condtions when I attempt to transfer ISA - if account/rate is still about then. Never thought I would be transferring a savings account to HSBC though, they haven't had a good savings rate for years.

I went in last week. They said I could open a current account and still have the Cash e-ISA. So they are letting new customers in.

amiehall

I so so so want a regular saver ISA to start in April. Any sign of a new one on the horizon? The two on there currently are not suitable for one reason or another

Offerings so far this year are depressing... I feel like putting in an age discrimination complaint I'm not old enough to have £40k in an ISA!

The_Enforcer

I've been subscribing to a 5% Nottingham Regular Saver ISA for 2012/13, no similar products mentioned on their website for 2013/14 and they haven't written to me yet about the ISA's maturity at the end of April.

If one does emerge I imagine it will be at a much lower rate, well below the 6% (after tax) I am getting on the First Direct Regular Saver. I can still see a large proportion of my current ISA savings being used to gain better (albeit higher risk) returns from peer-to-peer lending.

jonmcclelland

Alex92 wrote: »

Does the Cheshire BS 2.50% still seem the most attractive ISA that allows transfers in for £11,400? Nothing else has crept up recently has it?

Nothing yet. It's still a while until April rolls along though which is when things should hopefully be at their peak.

It's tough to say though, because rates have been plummeting for months. Last years ISA picks were 4.25% etc, with the standard being around 3% for instant access. 2.5% in this climate looks very good.

Alex92_2

jonmcclelland wrote: »

Nothing yet. It's still a while until April rolls along though which is when things should hopefully be at their peak.

It's tough to say though, because rates have been plummeting for months. Last years ISA picks were 4.25% etc, with the standard being around 3% for instant access. 2.5% in this climate looks very good.

Thought as much. Does it usually peak early April then? I always thought it didnt change much from Early Feb to April then goes down for May again.

Dont want to transfer to 2.50 Cheshire BS yet if someone like Natwest,lloyds, santander, halifax (that have more branches) opens up something similiar or higher. Cant be bothered to keep transfering money around. Would rather wait until I know nothing will change.

Kazza242

Virgin Money have launched a new range of ISAs:

• Virgin Money Easy Access [online] Cash E-ISA (issue 4), paying 2.15%.
  
  
• Virgin Money Easy Access [branch/post based] Cash ISA (issue 4), paying 2.15%.
  
  
• Virgin Money 3 Year Fixed Rate [online] Cash E-ISA (issue 32), paying 2.40%.
  
  
• Virgin Money 3 Year Fixed Rate [branch/post based] Cash ISA (issue 34), paying 2.40%.
  
  
• Virgin Money 5 Year Fixed Rate [online] Cash E-ISA (issue 33), paying 2.75%.
  
  
• Virgin Money 5 Year Fixed Rate [branch/post based] Cash ISA (issue 35), paying 2.75%.

The minimum opening/operating balance on all of the above Virgin Money ISAs is £1.

They have been added to ISAs list, please see the first post of this thread.

carpy

i believe the rate on the Natwest e-Isa has been reduced

innovate

Kazza, may be we should have a new category, like "Cash ISA Feeder accounts", to contain current accounts like

1. Nationwide FlexDirect (5% AER fixed for 12 months on up to £2.5K, with conditions)
2. Lloyds Vantage (3% AER variable on balance if balance is £3K to £5K, with conditions)
3. BoS Vantage, same as Lloyds Vantage
4. Santander 123 (3% AER variable on balance if balance is £3K to £20K, with conditions)

All of these are very likely to pay the basic rate tax payer more net interest than any new ISA in the market at present, and they are instant access. Thus they would make ideal repositories for money that gets tipped into an ISA before April 6 2014.



Obviously, there may also still be some Regular Savers that are suitable feeder accounts.


Usual disclaimers on both - such as people will have to check the most current T&Cs, as well as their own eligibility, and any changes in interest rates themselves.

Kazza242

carpy wrote: »

i believe the rate on the Natwest e-Isa has been reduced

Thanks, I have amended the Natwest and RBS e-ISA rates, which are now paying 2.25% (on balances of £30,000+). I will do the full update to the list tomorrow (Saturday), as I am going to log off shortly.