Cash ISAs: The Best Currently Available List

masonic

adindas wrote: »

Thanks again. I just want to see whether I understand this correctly. Say for instance I transfer all of my last year 2015-2016 (not this year) ISA subscription which is about £15,400 from Saffron to Nationwide Flexclusive ISA. A few days later I pull it out from ISA to high interest current account about £10,000 (say). Could I put back this £10,000 in later date to Flexclusive ISA without loosing ISA status ??

Correct.

I just want to transfer the previous year 2015-2016 and older subscription (old money). For the new money 2016-2017 ISA subscription I already have a good place with Saffron Member Regular saver ISA which will pay interest of 3% interest

You can do that, since anything you withdraw and replace within the same tax year from your previous year ISA money (held at Nationwide) will have no bearing on what you can subscribe to the Saffron ISA.

If you have link about this, It will be great as I could learn it and decide whether this will fit to my purpose ...

There is some discussion of the two main platforms that would work best for this (Moneything and Savingstream) in this thread (edit: and this one) and plenty more information about both platforms in the P2P independent forum. Essentially, you can buy loans that are normally 6-12 months in duration, but you do not need to hold them to maturity as they can be sold quite simply and easily on the secondary market run by the platform. Up to this point, there has been a lot more demand than supply, so selling has been easy. There is of course no guarantee that will always be the case, and you might not always be able to sell when you want to. But at Moneything in particular, you tend to be committed for no more than 6 months (if loans are renewed then this is done on an opt-in basis), so you need not rely entirely on a secondary market if you are happy to make use of these 6 month loans.

colsten

badger09 wrote: »

I
I've completed application to xfer in my HSBC Save Together ISA into Nationwide. Will report back when completed

I requested mine online on April 7 (last Thursday) and the transfer has been completed with value date April 11, 2nd working day after request. That's well impressive.

Brand

colsten wrote: »

Well, if you read the terms and conditions that you liked to, you will get your answer. The written T&Cs will be worth more than any verbal information.

Unless it's an HTB or S&S ISA, you can do it much simpler and faster: just complete and submit the online transfer request.

Yes thanks for pointing out that Nationwide Flexclusive accepts S&S ISAs into a Cash ISA, and you have to use the transfer pack, not online.
Virgin Money Defined Access e-ISA currently 1.3% is the only other I can see with an interest rate at 1% pa or higher accepting a S&S transfer in http://uk.virginmoney.com/virgin/savings/learn/isas/transfer-your-isa/

Are there any others, do you know?

masonic

Brand wrote: »

Are there any others, do you know?

It might be easier to list the providers who accept transfers from cash ISAs, but not S&S ISAs. I'd start the list, but I'm not aware of any.

Nessie23

Hi called Saffron building society and they confirmed they will be closing the saffron regular saver to new applications this Saturday, so if anyone is thinking of applying do it quick!!

Rich2808

Nessie23 wrote: »

Hi called Saffron building society and they confirmed they will be closing the saffron regular saver to new applications this Saturday, so if anyone is thinking of applying do it quick!!

Mine is now open - thanks to the Brentwood branch.

Surprised it's shutting so soon - last year it lasted two weeks whereas this is only 10 days.

It's obviously popular - maybe us Essex and Herts folk just love flashing the cash! Or have they been promoting it on Towie - the Brentwood branch is close to all their celeb hangouts.

Froggitt

United Trust Bank 5 Year Fixes: Cash ISA 5 Year BondDetails 2.05% Gross/AER

Froggitt

Sorry I should have said it replaces the page one details of.......

United Trust Bank Fixed Rate Cash ISA - 2.30%

patientperson

Nessie23 wrote: »

Hi called Saffron building society and they confirmed they will be closing the saffron regular saver to new applications this Saturday, so if anyone is thinking of applying do it quick!!

Thanks Nessie23
My application is now in the post .. when I spoke to Saffron Head Office they confirmed it will be pulled tomorrow but applications will still be accepted provided they are received by Thursday 21st April. An application form can be downloaded from the Saffron Website.

badger09

badger09 wrote: »

I've completed application to xfer in my HSBC Save Together ISA into Nationwide. Will report back when completed

masonic wrote: »

Hope it goes as well for you as it did for me from HSBC to TSB - 3 working days. Needless to say I was rather impressed.

Not quite as speedy as yours, but much quicker than the old days.

I applied online 10th April and the transferred amount was showing in Nationwide on 15th:)