Cash ISAs: The Best Currently Available List

Snow_Dog

Sticky gets my vote

Kazza242

mleonard79 wrote: »

Hi Everyone,

Any sign of Abbey upping their rate after the BOE increase? I can see Kent Reliance have done so swiftly though so :T to them.

Abbey usually increase the rate on the 1st of the month following a BOE base rate rise. So from August 1st 2007 the Direct ISA rate for balances of £9,000+ will be 6.25% gross. Total balances from £1 - £8,999 will go from, 5.75% to 6.00% gross.

dancingfairy

Thanks for all your work in maintaining this thread. Not sure why it's not a sticky though

Special_Saver2

Yes Kazza242, thanks for all your efforts on this thread. I have just clicked on "thread tools" then "subscribe to this thread" so that I can keep informed about messages on this thread - other people may wish to do the same.

I certainly hope that this thread is re-stickied soon.

Thanks again Kazza!

neutron

Another huge thank you Kazza, after scouring weekend money pages and comparison websites for weeks I stumbled across this thread. Many thanks for your efforts, they're greatly appreciated and I willingly add my voice to the calls for "sticky status".

carpy

Kazza242 wrote: »

Abbey usually increase the rate on the 1st of the month following a BOE base rate rise. So from August 1st 2007 the Direct ISA rate for balances of £9,000+ will be 6.25% gross. Total balances from £1 - £8,999 will go from, 5.75% to 6.00% gross.

how certain can we be they'll increase them on that day and by that amou nt?

Kazza242

carpy wrote: »

how certain can we be they'll increase them on that day and by that amou nt?

We can be certain that Abbey will increase it by 0.25% because of their rate guarantee:

From the Abbey website:

Rates are guaranteed to match any increase in the Bank of England base rate until 1 May 2008.

We can't be completely certain of the date the increase will be effective from. However, when BOE base rate increased in May 2007, Abbey increased their Direct ISA rate on the 1st June. So, I think they will increase their rates on the 1st of August.

mleonard79

Kazza242 wrote: »

Abbey usually increase the rate on the 1st of the month following a BOE base rate rise. So from August 1st 2007 the Direct ISA rate for balances of £9,000+ will be 6.25% gross. Total balances from £1 - £8,999 will go from, 5.75% to 6.00% gross.

Thanks Kazza - just what I wanted to hear!

You'r a star as always :beer:

Regards

Michelle

debbie42

Just adding my vote to the "make this a sticky" camp. I suppose someone could just keep bumping it up, but it seems a bit daft, given that it is one of the most useful posts on here. Thanks Kazza for all your hard work.

carpy

Kazza242 wrote: »

We can be certain that Abbey will increase it by 0.25% because of their rate guarantee:

From the Abbey website:



We can't be completely certain of the date the increase will be effective from. However, when BOE base rate increased in May 2007, Abbey increased their Direct ISA rate on the 1st June. So, I think they will increase their rates on the 1st of August.

DOH!!!!

yeah i looked on their website and saw hat just after i'd posted!!:o

thanks:T