Cash ISAs: The Best Currently Available List

savit4l8er

intalex said:

steveksullivan said:

.....errr ...... I couldnt quote you on any RECENT external transfers to Virgin for myself .... but so far I have waited three weeks for them to do an INTERNAL transfer  ..... see higher up on this thread.

However for balance - @savit4l8er did report on 5th November that his external transfer in was complete in 2 days.....

I also followed the suggested steps (sent secure message) to request an internal transfer with Virgin, received a reply 8 days later saying it has been passed on to the ISA team, absolutely no timescales. They really should have programmed this sort of thing on online banking together with their 14 day cooling off period, this manual processing is a real bottleneck!

intalex said:

steveksullivan said:

.....errr ...... I couldnt quote you on any RECENT external transfers to Virgin for myself .... but so far I have waited three weeks for them to do an INTERNAL transfer  ..... see higher up on this thread.

However for balance - @savit4l8er did report on 5th November that his external transfer in was complete in 2 days.....

I also followed the suggested steps (sent secure message) to request an internal transfer with Virgin, received a reply 8 days later saying it has been passed on to the ISA team, absolutely no timescales. They really should have programmed this sort of thing on online banking together with their 14 day cooling off period, this manual processing is a real bottleneck!

That's seems to be the common theme, about 8 days plus to get a response to say it's passed on.  As @steveksullivan said, my external went well but I'm apprehensive about admin work in the future.  I blame it on the Clydesdale takeover, they were never like this before and I noticed it very soon afterwards on calls.  I just haven't had to experience any changes / transfer until now so it has spread. 🥺

andyhicks88

Charter are offering a 1yr fix at 3.9% now, don't know if already mentioned. Interesting that the ISA fixes seem to be going up while the standard fixes are dropping like a stone..

Johnjdc

andyhicks88 said:

Charter are offering a 1yr fix at 3.9% now, don't know if already mentioned. Interesting that the ISA fixes seem to be going up while the standard fixes are dropping like a stone..

Makes sense if you think the reason for ISAs being lower is that you usually have the right to break with a penalty - bad for the bank if rates go up they can't rely on your deposit the way they can with a fix. So ISA rates should be less competitive as rates are going up, and become more competitive as they go down.

savit4l8er

The 5 year 5.05 fix at the Cumbria is nice with a very  respectable 180 day penalty but have to live near. Be nice if someone matched or got close to it as a overall package. 🤞

intalex

savit4l8er said:

The 5 year 5.05 fix at the Cumbria is nice with a very  respectable 180 day penalty but have to live near. Be nice if someone matched or got close to it as a overall package. 🤞

Hope so too, but I also hope they wait bit longer to release something this good, as my funds are stuck in a timeless transit between 2 Virgin ISAs 

Notfarfromtheborder

Notfarfromtheborder said:

savit4l8er said:

Dudley 4.2% 18m which wasn't a bad little deal no longer seems to be listed on their site but still on moneyfacts (currently).

I applied for one of these on Monday, will they honor my application??

Not heard a peep from them since sending the application in, they stated three working days from application

They have been in touch, accounts opened and funded. Great customer service, well done Dudley

Be_Happy

Leeds Building Society has dropped its 1 year Cash Isa Bond rate from 3.85% to 3.75%

intalex

Virgin fixed rates have dropped

benny5

intalex said:

Virgin fixed rates have dropped

This morning my OH opened a 3-year fixed @ 4.41% with a token deposit pending a transfer from another ISA provider.

I'm assuming that will be honoured.

savit4l8er

benny5 said:

intalex said:

Virgin fixed rates have dropped

This morning my OH opened a 3-year fixed @ 4.41% with a token deposit pending a transfer from another ISA provider.

I'm assuming that will be honoured.

You will receive a letter confirming the account is open. It reads all funds must be received within 30 days of opening. No mention of "or if the account is oversubscribed and withdrawn" by that time which may be before 30 days.

So you should be fine. 👍