Cash ISAs: The Best Currently Available List

PeskyBlunder

Charter Savings Bank appear to be offering no ISAs at all at the moment - what can be going on?

rl1

PeskyBlunder said:

Charter Savings Bank appear to be offering no ISAs at all at the moment - what can be going on?

They are offering 3.05% to existing customers. 

refluxer

PeskyBlunder said:

Charter Savings Bank appear to be offering no ISAs at all at the moment - what can be going on?

Charter do this with some of their accounts from time to time. I would expect they'll be available once again soon.

akh43

masonic said:

nomorekids said:

2010 said:

Hammer_Time said:

At the moment Shawbrook are allowing you to move your ISA penalty free to any of their other ISA. So I believe if you have a 5 year fix (360 day penalty) you can move it to their 1 year fix not great interest 2.37%, however only 90 day penalty. 

Have you got a link where they say this.
I`ve just looked and can`t see anything on their site.

Hammer_Time said:

They will only offer it to you if you phone them. I phoned to see how much the exit fee would be, but I also asked if I could transfer to one of their isa penalty free and surprisingly they said yes. I phoned 0345 266 6611.

Trying to do the math on £80k that has until July at 0.85% to run, either fix at 2.37 as Hammer-Time suggests without penalty or take the Coventry 2.25 for a bit and take the penalty. Anyone got an easy way of comparison?

Compare the penalties. The 2.37% fix would cost £468 to break, which is equivalent to a penalty of about 250 days at 0.85%. I doubt your penalty is that bad. You won't want to keep the 2.37% fix if the base rate goes up to 4.75% as predicted. Optimal solution is probably to break it, go easy access at 1.9% for a few months, then fix at 4%+.

Also have a 1 year 0.85% Shawbrook ISA and intending to ring to see if I can move it.  If they allow me to move to the variable 1.50% with the intention to move it once rates settle down can I do this or should I just take a hit with the 180 day penalty, approx £85-90 on just over £20K and just move it out now.

A bit wary of moving too soon as just rang Virgin to see about moving my 3.02% ISA opened on 20 Sept to 3.07% one and no problems doing so as within 14 days cooling off, but given the heads up not to do yet as a new rate due today after 2pm.

Silverbird65

Charter have just offered 2.25 easy access acct that might be why.

2010

Silverbird65 said:

Charter have just offered 2.25 easy access acct that might be why.

That will probably be withdrawn shortly.
When they get their target amount they scrub the account.

NBS 1yr fix ISA 3.6% was only available for two days.

moi

akh43 said:

A bit wary of moving too soon as just rang Virgin to see about moving my 3.02% ISA opened on 20 Sept to 3.07% one and no problems doing so as within 14 days cooling off, but given the heads up not to do yet as a new rate due today after 2pm.

So there are    1 year 3.5%,  2 years 4.12%,  3 years 4.25%

2010

Virgin have just gone 3.5% on a 1yr fix ISA.

https://uk.virginmoney.com/savings/products/1_year_fixed_rate_cash_e_isa_issue_522/

Silverbird65

I guessed they would I have 3.02% will ride things out for a while. See how things settle as would be swapping all the time.

steveksullivan

A bit wary of moving too soon as just rang Virgin to see about moving my 3.02% ISA opened on 20 Sept to 3.07% one and no problems doing so as within 14 days cooling off, but given the heads up not to do yet as a new rate due today after 2pm.

And its here ..... 3.15 1 year 4.12 2 year