Cash ISAs: The Best Currently Available List

guli

Consumerist wrote: »

At the moment I'd be reasonably satisfied with getting 2.4% in a variable ISA.

Hi Consumerist,

Pray tell, where!?

veryintrigued

Kazza242 wrote: »

Opening an account with Saffron Building Society won't make you a eligible to open products for members only.

Saffron define members as:

"Anyone who currently holds a personal savings account with the Society and has maintained a balance of at least £100 for 12 months or more. Members also include our mortgage customers with over £100 on loan. To be a full (voting) member, you also have to be over 18 years of age. Being a member gives you a number of rights within the Society."

See here.

The Saffron 2016/2017 Regular Saver Cash ISA will be at a rate of 3.00% with similar flexible rules to the 2015/2016 one.

Consumerist

guli wrote: »

. . . Pray tell, where!?

If I knew where, I'd (means: I would) probably be in it.

Do keep up!

Kazza242

veryintrigued wrote: »

The Saffron 2016/2017 Regular Saver Cash ISA will be at a rate of 3.00% with similar flexible rules to the 2015/2016 one.

Hi veryintrigued,

Was your reply a direct reply to mine or was it to share info on the new product? I wonder if this year's Saffron BS regular saver cash ISA will also be members' only?

The Saffron RS ISA last year (2015/16) was open to members only. A family member of mine wanted to open one at the time but was just a few week's short on becoming a member. They had the regular saver (non-ISA) account (which is open to all) but hadn't quite had it for a year when the Members' regular saver ISA launched. They are now a Saffron BS member and will qualify for any of the members' only products going forward.

Speculator

Kazza242 wrote: »

Hi veryintrigued,

Was your reply a direct reply to mine or was it to share info on the new product? I wonder if this year's Saffron BS regular saver cash ISA will also be members' only?

The Saffron RS ISA last year (2015/16) was open to members only. A family member of mine wanted to open one at the time but was just a few week's short on becoming a member. They had the regular saver (non-ISA) account (which is open to all) but hadn't quite had it for a year when the Members' regular saver ISA launched. They are now a Saffron BS member and will qualify for any of the members' only products going forward.

Members only.


Phoned head office but they were not aware of any new 3.0% regular saver ISA. They told me to keep checking their website.


Then phoned my local branch and the manageress confirmed they are launching a Members only 3.0% regular ISA. Already made my appointment to open one on the 7th of April.


Many thanks to veryintrigued.

Rich2808

If this Saffron product is being launched I wonder how long it will last. Last time it was launched the product was withdrawn within 2 weeks.

Is it going to branch only - or can members apply by post. They shut their Stratford branch in London branch last year - and I would rather not have to travel to Brentwood to open it!

boobbby

Quite a few banks offer 4 and 5% for regular savers

Rich2808

boobbby wrote: »

Quite a few banks offer 4 and 5% for regular savers

Agreed. But I am a higher rate taxpayer who has all of those bar Santander and I will exceed the £500 tax free limit - so it works for me as that's 5 per cent grossed up. It also stays tax free for ever and I can move the funds into other ISA products in the future

Not for all - but good for me.

And as an Essex man I like to support my local society.

Speculator

Rich2808 wrote: »

If this Saffron product is being launched I wonder how long it will last. Last time it was launched the product was withdrawn within 2 weeks.

Is it going to branch only - or can members apply by post. They shut their Stratford branch in London branch last year - and I would rather not have to travel to Brentwood to open it!

I was in my local Saffron BS yesterday and they had a floor sign advertising the 3% Members Regular ISA but it's still not on their website.

MARTYM8`

Speculator wrote: »

I was in my local Saffron BS yesterday and they had a floor sign advertising the 3% Members Regular ISA but it's still not on their website.

Thanks.

Are they accepting applications now - seems odd they would advertise it at branches before Wednesday?

I missed out last year - and I don't intend to miss out again!:D