Cash ISAs: The Best Currently Available List

Archi_Bald

It's instant access at a hefty penalty: Withdrawals are subject to loss of 180 days’ interest on the amount withdrawn

http://www.krbs.com/products/savings-and-isas/isas/tracker-isa/two-year-tracker-isa-issue-5/

DragonQ

Archi_Bald wrote: »

It's instant access at a hefty penalty: Withdrawals are subject to loss of 180 days’ interest on the amount withdrawn

http://www.krbs.com/products/savings-and-isas/isas/tracker-isa/two-year-tracker-isa-issue-5/

Ah right, thanks for the link.

hgt

The KRBS Tracker ISA does appear to be one of the best on the market at the moment (certainly if you compare against a 2-year fix etc). It seems to have not made it into any of the best buy tables though simply because they don't seem to include trackers in the tables. Quite a hidden gem if you ask me!

Just to clarify, you can indeed open the KRBS tracker with zero funds, and then transfer in.... that's exactly what I did as I had already used my full ISA allowance for the current tax year.

KRBS was a building society up until a few years back, now they are indeed just a trading name of a Plc. But they seem fine, and perfectly safe as far as I can work out. When I've been doing some digging on them online, the only reported downsides I can find about KRBS are the Indian call centre, and the limited online service. But other than that, they appear to come highly recommended - Moneyfacts best ISA provider for 2013 in fact!

purplestar133

hgt wrote: »

The KRBS Tracker ISA does appear to be one of the best on the market at the moment (certainly if you compare against a 2-year fix etc). It seems to have not made it into any of the best buy tables though simply because they don't seem to include trackers in the tables. Quite a hidden gem if you ask me!

Just to clarify, you can indeed open the KRBS tracker with zero funds, and then transfer in.... that's exactly what I did as I had already used my full ISA allowance for the current tax year.

KRBS was a building society up until a few years back, now they are indeed just a trading name of a Plc. But they seem fine, and perfectly safe as far as I can work out. When I've been doing some digging on them online, the only reported downsides I can find about KRBS are the Indian call centre, and the limited online service. But other than that, they appear to come highly recommended - Moneyfacts best ISA provider for 2013 in fact!

Yes, I've phoned them in the past and did speak to someone with an Indian accent. Got what I needed though.

cydney65

Have left a message with them and emailed, to ask how long I have to fund the KRBS tracker with the £1000 after it is opened. I'm hoping that it will be something like 30 days so I can open it now and wait until after 5th April to fund it. fingers crossed.

ETA: according to the CS lady, if you apply online you have 14 days from receiving an email that your account is ready to fund, to actually fund the account. If you apply by post, you need to send a cheque with your application. My OH applied on Saturday and has just received her confirmation email today.

kalsha

anna42hmr wrote: »

My virgin isa is now showing as open today too, so have filled in the isa transfer form and will get that in the post today.

I just called Virgin re my Fixed rate bond issue 30 which is expiring on 1st April 2014. I took the opportunity to ask about the 2% ISA. According to her there is no such ISA and there hasn't been one offering that rate for a while. So, now wondering what will happen to all those who have just opened it online?? If there is any further development, please keep us informed.

Andrew_Cottrell

anna42hmr wrote: »

i think you could be onto something there, as when i have looked on the virgin site for interest rates on closed issue accounts, none that show as withdrawn have the exact expiry dates as being offered now and do not have the same name (couldn't find any titled Cash E ISA with the numbers above, go up to issue 64 on the withdrawn list)

they were issue 62 3% till 24.1.19, issue 64 2.4% till 24 feb 2017 and issue 63 1.85% until 24 feb 2015

http://uk.virginmoney.com/savings/helpful-information/find-your-interest-rate (then select previous offer, online, then e-isa)

They have just added issues 68 (1.6% for 1 year), 69 (2.25% for 3 years), and 70 (2.75% for 5 years) to the list of previously offered E-ISAs. These appear to have been effective from today and withdrawn immediately. Still no sign of issues 65, 66, and 67 on either the currently offered or previously offered lists.

KTF

cydney65 wrote: »

ETA: according to the CS lady, if you apply online you have 14 days from receiving an email that your account is ready to fund, to actually fund the account. If you apply by post, you need to send a cheque with your application. My OH applied on Saturday and has just received her confirmation email today.

When I tried to apply online, it did not let you proceed unless you put a number in the 'How much do you want to open it with?' box.

Are they saying that whatever number you put in there will not be taken from the linked bank account details you provide then?

Consumerist

KTF wrote: »

. . . Are they saying that whatever number you put in there will not be taken from the linked bank account details you provide then?

From past experience when applying for ISAs, it is usual to ask how much you intend to fund it with initially but you still have make the transfer yourself. You may, for example, want to fund the ISA from a different account than the linked account e.g. a savings account rather than a current account. If you're concerned about it, why not give them a call?

anna42hmr

Andrew_Cottrell wrote: »

They have just added issues 68 (1.6% for 1 year), 69 (2.25% for 3 years), and 70 (2.75% for 5 years) to the list of previously offered E-ISAs. These appear to have been effective from today and withdrawn immediately. Still no sign of issues 65, 66, and 67 on either the currently offered or previously offered lists.

that is really strange, fingers crossed all will be ok with mine, still showing on my account as open with the number applied for and shows as open, will see what happens when they receive the isa transfer form i have posted. I am half tempted to send them a secure message just to ask them if they;ve received the transfer in form to see if that prompts them realising that maybe the account should not have been opened.

Also when you click the link for 65 it still allows applications, surely if that not the case they would have realised by now people shouldn't be applying and closed the application process? as the links in post 3653 to the virgin accounts still work.

I have had another thought though, noticed this post https://forums.moneysavingexpert.com/discussion/4916125 about a maturing virgin isa and options being offered by virgin at maturity by that OP, the rates and dates match, so wondering if instead of being one everyone can apply to it is meant for existing customers instead??