Cash ISAs: The Best Currently Available List

KTF

As long as you have an HSBC current account.

londoner01

Do you think anything interesting is going to come up in the next few weeks? These rates are depressing, it's almost higher to just leave them in the old ISAs even if the bonus wears off. The only problem is that if they slash the rates on those mid-financial-year I'll have nothing to turn to.

Alex92_2

londoner01 wrote: »

Do you think anything interesting is going to come up in the next few weeks? These rates are depressing, it's almost higher to just leave them in the old ISAs even if the bonus wears off. The only problem is that if they slash the rates on those mid-financial-year I'll have nothing to turn to.

Put £1 into the top ISA now. Leave bulk remainder of ISA in last years ISA, if they slash rates, swap into the one you left £1 in (providing they allow in transfers).

I doubt anything better is going to come up as its approaching the end of March. Also, doubtful because Santander always seem to be one of the biggest competitors so to speak with regards to ISAs from what I have seen. Personally, I am going to use the 3% (or 3.10%) ISA fixed for 2 years and dump the full amount in there straight after April 5th 2013 and transfer my previous full isa in there giving me £11,400. It's better interest than any other account ,minus Nationwide 5% FlexDirect (which I have), 4% Lloyds Classic Vantage accounts (which I have, and this offer ends October 31st 2013, so not long) and First Direct Monthly Saver 6% (which I have, but only allows £300 max deposit each month).

If you only had a few grand in savings (or under 10k), or just save really slowly due to big outgoings or low income, I would personally not bother with ISAs until my circumstances changed. I would stick to using monthly saver and putting the rest of the money into Nationwide 5% accounts as the interest/returns are much better.

just my $0.02

jonmcclelland

The best thing to do now is consider Santander or Cheshire and hope for the best. Rates may improve in the next two weeks but with Halifax offering so little when last year they were relatively decent, it's not looking good.

I've just transferred mine to the Cheshire. It's easy access so if a better one comes out between now and mid-year, it'll be easier to transfer

purplestar133

I've transferred into the Cheshire 2.5% but I've got another ISA maturing soon. There shouldn't be a problem transferring that in should there? That's if I ever get any paperwork telling me my account is actually open!

steady__eddie

Received the voting pack for the Coventry A.G.M. today and in it they say that, "In an unprecedented step among high street banks or building societies, we are increasing cash ISA rates for existing customers from April. We think that this is the right thing to do." The rate will be 2.5%, I can't see any other details though such as min'm opening balance. It is an easy access however which I presume indicates that no notice is req'd.

jonmcclelland

purplestar133 wrote: »

I've transferred into the Cheshire 2.5% but I've got another ISA maturing soon. There shouldn't be a problem transferring that in should there? That's if I ever get any paperwork telling me my account is actually open!

I opened mine on the 7th. Funds have left halifax and I've had texts from Cheshire saying it's now open and to expect the paperwork soon.

No paperwork yet

purplestar133

jonmcclelland wrote: »

I opened mine on the 7th. Funds have left halifax and I've had texts from Cheshire saying it's now open and to expect the paperwork soon.

No paperwork yet

Yes, that's what I've had so I know it's moving. Would just like an account number etc so I can transfer my maturing ISA in there.

Bernard_Coleslaw

steady__eddie wrote: »

Received the voting pack for the Coventry A.G.M. today and in it they say that, "In an unprecedented step among high street banks or building societies, we are increasing cash ISA rates for existing customers from April. We think that this is the right thing to do." The rate will be 2.5%, I can't see any other details though such as min'm opening balance. It is an easy access however which I presume indicates that no notice is req'd.

I think this relates to existing Coventry ISA accounts - I've got a 'Privilege' ISA with them that has a few quid in it and they wrote to me recently to tell me they were putting my rate up to 2.50%.

Consumerist

Hi Kazza, just a quick heads up regarding the <Coventry BS 60 Day Notice ISA (3)> - the 2.8% AER is guaranteed until 31/12/2013 (not 29/11/2013).