Cash ISAs: The Best Currently Available List

Kazza242

Scaz wrote: »

Kazza242,

You need to update the interest rate for the Guaranteed BMW Performance ISA shown on page 1 of this forum. It has now gone up from 6.67% to 6.70%.

Scaz

Hi Scaz,

I've updated the rate paid on the BMW Performance ISA and I've also added the AER of the Abbey Direct ISA.

Thanks for staying on the topic of ISAs, which is what this thread is supposed to be about. :beer:

Kazza242

The first post in this thread has been updated to include the re-launched Bradford & Bingley eISA, paying 6.05%.

JammyB_3

Very helpful thread this, thanks for putting it together and keeping it updated.

I've got a big cash ISA with Natwest at the moment only earning about 5.35%. I'm considering moving all of this to Ruffler (6.40%) but I'm surprised it's not being talked about more here. The £9k minimum might be putting some people off, but am I missing any catches? Their compensation scheme looks pretty decent and 30 days notice shouldn't be a problem. With this interest rate and taking transfers in I'm just surprised everyone isn't talking about it!

Old_Slaphead

Ruffler rates are fairly well known to those looking for best ISA deals. They've only just reduced funding requirement from £15000 to £9000 - £15k was quite a lot to have in 1 account esp. if it is with a smallish institution (tho' covered by FCSC protection).

Ruffler rates don't always move in line with bank rate but (I believe) they are usually pay pretty well close to top rates.

Kazza242

JammyB wrote: »

Very helpful thread this, thanks for putting it together and keeping it updated.

I've got a big cash ISA with Natwest at the moment only earning about 5.35%. I'm considering moving all of this to Ruffler (6.40%) but I'm surprised it's not being talked about more here. The £9k minimum might be putting some people off, but am I missing any catches? Their compensation scheme looks pretty decent and 30 days notice shouldn't be a problem. With this interest rate and taking transfers in I'm just surprised everyone isn't talking about it!

Ruffler is discussed from time to time on MSE, especially during March and April. See this thread where the Ruffler ISA is discussed, which includes links to other related threads.

I think it is a good option provided you don't mind the 30 days notice. The rate, so far, has been very competitive for an ISA that accepts transfers in. They have not subscribed to the Banking Code, but they are covered by the FSCS compensation scheme. So you would receive the same protection as you do from other banks.

wiseman405

Hi there,
The NS&I ISA.

I am signing up to this at the moment on the internet. I love banking on the internet but when typing in your card details for £1000 deposit, i feel strange.

Anyone done this over the internet with them?
Thanks
Tom

jem16

Yes my son has - no problems.

As it's a direct ISA only operated by internet or phone many people have done this successfully.

Don't worry - it will be fine.

wiseman405

Thanks. i was just laying bricks!

I think i will do it over the phone

Thanks!
Tom

Crabman

wiseman405 wrote: »

Hi there,
The NS&I ISA.

I am signing up to this at the moment on the internet. I love banking on the internet but when typing in your card details for £1000 deposit, i feel strange.

Anyone done this over the internet with them?
Thanks
Tom

Don't worry, I felt nervous too - I used my Debit Card for a straight £3000 into the NS&I Direct ISA last year - no probs at all, just make sure you have the money ready in your current account!

You'll receive a username etc. for checking the balance online, that comes through about a week after the payment goes through.

wiseman405

Wish i did it now! I was there. All i needed to do was press submit! But with me been 16. £1000 is a hell of a lot of money. I know the company is very well known like worldwide etc. But i dont know. When it asked for my debit card it was like eh?! Why not a bank transfer. Really gutted i didn't do it now! I will do it tomorrow when i know my wage goes in. I have enough but its nice to be over sucure

Thanks
Tom Wiseman