Cash ISAs: The Best Currently Available List

kaMelo

SnowMan said:

Cumberland has overnight reduced it's rates on its 1 year and 2 year fixed term ISA accounts. Available only to those in the local area.

1 year down from 4.25% AER to 3.7% AER and 2 year down from 4.75% AER to 4.2% AER.

https://www.cumberland.co.uk/savings/isa

It appears that Cumberland are honouring the rate for those who had specifically arranged a telephone appointment to open this account prior to its closure. Perhaps others can confirm this

(edited as Cumberland are being very reasonable and honouring the rate, I shouldn't have assumed they wouldn't) 

I had a telephone appointment yesterday (booked it two weeks ago) as I wanted their five year ISA @5.05%. Prior to the call I noticed this had been withdrawn from sale so expected to have a "discussion" over the matter but had no problems whatsoever.

When booking the appointment I had mentioned in the notes the account I wanted to open and this was the starting point of our conversation "I can see from the notes you wanted to open the five year ISA" to which I replied "yes". We then went through all the details, pre-filled the application forms with those and they sent the application and ISA transfer forms for me to sign and return via their secure message portal.  In comparison to their glacial appointment booking process, the account opening process was pretty slick actually.

Whether me mentioning the account I wanted in the notes made a difference or not I can't say but in my case they honoured the rate and account on offer when the appointment was booked.

bristolleedsfan

kaMelo said:

SnowMan said:

Cumberland has overnight reduced it's rates on its 1 year and 2 year fixed term ISA accounts. Available only to those in the local area.

1 year down from 4.25% AER to 3.7% AER and 2 year down from 4.75% AER to 4.2% AER.

https://www.cumberland.co.uk/savings/isa

It appears that Cumberland are honouring the rate for those who had specifically arranged a telephone appointment to open this account prior to its closure. Perhaps others can confirm this

(edited as Cumberland are being very reasonable and honouring the rate, I shouldn't have assumed they wouldn't) 

I had a telephone appointment yesterday (booked it two weeks ago) as I wanted their five year ISA @5.05%. Prior to the call I noticed this had been withdrawn from sale so expected to have a "discussion" over the matter but had no problems whatsoever.

When booking the appointment I had mentioned in the notes the account I wanted to open and this was the starting point of our conversation "I can see from the notes you wanted to open the five year ISA" to which I replied "yes". We then went through all the details, pre-filled the application forms with those and they sent the application and ISA transfer forms for me to sign and return via their secure message portal.  In comparison to their glacial appointment booking process, the account opening process was pretty slick actually.

Whether me mentioning the account I wanted in the notes made a difference or not I can't say but in my case they honoured the rate and account on offer when the appointment was booked.

Did they manage to get account numbers for funding to you the same day as you returned the form ?

kipsterno1

savit4l8er said:

Virgin are back with a 2 yr fix @ 4.22% (up from 3.5 % I think it was last). They have only had the 2 year over recent days but have now launched a 1 year @ 3.61% as well.  Transfers in from elsewhere seem quick, 3 days in my experience.  However, there have been delays and problems with their response to messages as reported by posters on here. 

That was short lived. Just sat down to do a transfer and it now shows 4.11%.

kaMelo

bristolleedsfan said:

kaMelo said:

SnowMan said:

Cumberland has overnight reduced it's rates on its 1 year and 2 year fixed term ISA accounts. Available only to those in the local area.

1 year down from 4.25% AER to 3.7% AER and 2 year down from 4.75% AER to 4.2% AER.

https://www.cumberland.co.uk/savings/isa

It appears that Cumberland are honouring the rate for those who had specifically arranged a telephone appointment to open this account prior to its closure. Perhaps others can confirm this

(edited as Cumberland are being very reasonable and honouring the rate, I shouldn't have assumed they wouldn't) 

I had a telephone appointment yesterday (booked it two weeks ago) as I wanted their five year ISA @5.05%. Prior to the call I noticed this had been withdrawn from sale so expected to have a "discussion" over the matter but had no problems whatsoever.

When booking the appointment I had mentioned in the notes the account I wanted to open and this was the starting point of our conversation "I can see from the notes you wanted to open the five year ISA" to which I replied "yes". We then went through all the details, pre-filled the application forms with those and they sent the application and ISA transfer forms for me to sign and return via their secure message portal.  In comparison to their glacial appointment booking process, the account opening process was pretty slick actually.

Whether me mentioning the account I wanted in the notes made a difference or not I can't say but in my case they honoured the rate and account on offer when the appointment was booked.

Did they manage to get account numbers for funding to you the same day as you returned the form ?

No, not same day. Maybe I was slightly misleading by using the word "opening" rather than "applying."  The telephone appointment is like filing out a paper application form that once completed you download, sign and send it back to them. Someone then has to manually process it to put onto their systems. With that in mind I didn't expect it to be up and running until next week at the earliest.

Personally the lack of account number/sort code doesn't affect me as I'm only transferring existing ISA's but I can see to those who need them to fund the account the sooner they're received the better.
I'll keep an eye on this and update when I receive those details.

bristolleedsfan

rawy said:

bristolleedsfan said:

rawy said:

SnowMan said:

Some very good Cumberland Building Society fixed rate ISA accounts available to open in branch. They state

This account is available to open at any Cumberland branch, for customers who live in our operating area

1 year fixed rate ISA: 4.25% AER (90 day penalty for transferring to another ISA during the term)

2 year fixed rate ISA: 4.75% AER (90 day penalty for transferring to another ISA during the term)

5 year fixed rate ISA: 5.05% AER (180 day penalty for transferring to another ISA during the term)

https://www.cumberland.co.uk/savings/isa#one

edit:

Been into a branch and in practice it's impossible to open one of these accounts. You can only open one with a face to face or telephone appointment.

And they don't have any appointments available until around 20th December and that's a telephone appointment. And then even though the branch was virtually empty they don't have any face to face appointments available at all at any time. And if the accounts above are gone at that time you don't get these rates even if you specify which account you are interested in.

So consider this misleading advertising by the Cumberland.

I had a telephone appointment today which I booked 12 days ago & managed to get one opened.

Is that application form signed and fixed term rate funded ?

Yes got application form emailed to me after appointment, printed out, signed & returned via email this afternoon.  Got a txt message late afternoon with my account number for transfer,  informing me I have 10 days to fund.

Got in by the skin of my teeth.

Rawy

Did fixed rate term and interest start paying from day you funded it, did you get certificate by post ?

rawy

bristolleedsfan said:

rawy said:

bristolleedsfan said:

rawy said:

SnowMan said:

Some very good Cumberland Building Society fixed rate ISA accounts available to open in branch. They state

This account is available to open at any Cumberland branch, for customers who live in our operating area

1 year fixed rate ISA: 4.25% AER (90 day penalty for transferring to another ISA during the term)

2 year fixed rate ISA: 4.75% AER (90 day penalty for transferring to another ISA during the term)

5 year fixed rate ISA: 5.05% AER (180 day penalty for transferring to another ISA during the term)

https://www.cumberland.co.uk/savings/isa#one

edit:

Been into a branch and in practice it's impossible to open one of these accounts. You can only open one with a face to face or telephone appointment.

And they don't have any appointments available until around 20th December and that's a telephone appointment. And then even though the branch was virtually empty they don't have any face to face appointments available at all at any time. And if the accounts above are gone at that time you don't get these rates even if you specify which account you are interested in.

So consider this misleading advertising by the Cumberland.

I had a telephone appointment today which I booked 12 days ago & managed to get one opened.

Is that application form signed and fixed term rate funded ?

Yes got application form emailed to me after appointment, printed out, signed & returned via email this afternoon.  Got a txt message late afternoon with my account number for transfer,  informing me I have 10 days to fund.

Got in by the skin of my teeth.

Rawy

Did fixed rate term and interest start paying from day you funded it, did you get certificate by post ?

Got a letter & pass book in the post this morning, so only funded by cheque this afternoon in branch.

I'm expecting it to start earning interest from today with first payment 28th Feb when I'll need to go in to get pass book updated. 

Cheers 

Rawy

bristolleedsfan

rawy said:

bristolleedsfan said:

rawy said:

bristolleedsfan said:

rawy said:

SnowMan said:

Some very good Cumberland Building Society fixed rate ISA accounts available to open in branch. They state

This account is available to open at any Cumberland branch, for customers who live in our operating area

1 year fixed rate ISA: 4.25% AER (90 day penalty for transferring to another ISA during the term)

2 year fixed rate ISA: 4.75% AER (90 day penalty for transferring to another ISA during the term)

5 year fixed rate ISA: 5.05% AER (180 day penalty for transferring to another ISA during the term)

https://www.cumberland.co.uk/savings/isa#one

edit:

Been into a branch and in practice it's impossible to open one of these accounts. You can only open one with a face to face or telephone appointment.

And they don't have any appointments available until around 20th December and that's a telephone appointment. And then even though the branch was virtually empty they don't have any face to face appointments available at all at any time. And if the accounts above are gone at that time you don't get these rates even if you specify which account you are interested in.

So consider this misleading advertising by the Cumberland.

I had a telephone appointment today which I booked 12 days ago & managed to get one opened.

Is that application form signed and fixed term rate funded ?

Yes got application form emailed to me after appointment, printed out, signed & returned via email this afternoon.  Got a txt message late afternoon with my account number for transfer,  informing me I have 10 days to fund.

Got in by the skin of my teeth.

Rawy

Did fixed rate term and interest start paying from day you funded it, did you get certificate by post ?

Got a letter & pass book in the post this morning, so only funded by cheque this afternoon in branch.

I'm expecting it to start earning interest from today with first payment 28th Feb when I'll need to go in to get pass book updated. 

Cheers 

Rawy

Thanks for info, was there any particular reason you did not fund by faster payments when they gave you account numbers by text.

You got your account number by text same afternoon as you sent then signed forms by secure message, I sent my signed form by secure message before 11am on thursday, today at 11.14 am I had this reply ( Sadly not heard anymore since)

"I will be looking to get this opened for you today 😊 You should receive an email with the account number on it so you can transfer those funds over! I am so sorry but I forgot one piece of paperwork, you don’t need to rush it back to me, it’s just something to sign to say you agree to the five year terms and conditions and understand that the money is locked in for the allotted time"

savit4l8er

kipsterno1 said:

savit4l8er said:

Virgin are back with a 2 yr fix @ 4.22% (up from 3.5 % I think it was last). They have only had the 2 year over recent days but have now launched a 1 year @ 3.61% as well.  Transfers in from elsewhere seem quick, 3 days in my experience.  However, there have been delays and problems with their response to messages as reported by posters on here. 

That was short lived. Just sat down to do a transfer and it now shows 4.11%.

It certainly was, 4.22 down to 4.11, they must have it down to a fine art. 

bristolleedsfan

bristolleedsfan said:

rawy said:

bristolleedsfan said:

rawy said:

bristolleedsfan said:

rawy said:

SnowMan said:

Some very good Cumberland Building Society fixed rate ISA accounts available to open in branch. They state

This account is available to open at any Cumberland branch, for customers who live in our operating area

1 year fixed rate ISA: 4.25% AER (90 day penalty for transferring to another ISA during the term)

2 year fixed rate ISA: 4.75% AER (90 day penalty for transferring to another ISA during the term)

5 year fixed rate ISA: 5.05% AER (180 day penalty for transferring to another ISA during the term)

https://www.cumberland.co.uk/savings/isa#one

edit:

Been into a branch and in practice it's impossible to open one of these accounts. You can only open one with a face to face or telephone appointment.

And they don't have any appointments available until around 20th December and that's a telephone appointment. And then even though the branch was virtually empty they don't have any face to face appointments available at all at any time. And if the accounts above are gone at that time you don't get these rates even if you specify which account you are interested in.

So consider this misleading advertising by the Cumberland.

I had a telephone appointment today which I booked 12 days ago & managed to get one opened.

Is that application form signed and fixed term rate funded ?

Yes got application form emailed to me after appointment, printed out, signed & returned via email this afternoon.  Got a txt message late afternoon with my account number for transfer,  informing me I have 10 days to fund.

Got in by the skin of my teeth.

Rawy

Did fixed rate term and interest start paying from day you funded it, did you get certificate by post ?

Got a letter & pass book in the post this morning, so only funded by cheque this afternoon in branch.

I'm expecting it to start earning interest from today with first payment 28th Feb when I'll need to go in to get pass book updated. 

Cheers 

Rawy

Thanks for info, was there any particular reason you did not fund by faster payments when they gave you account numbers by text.

Maybe I have answered my own question, what should have been the most exciting part of account opening process, icing on the cake. all the give is account number, no funding account numbers

Phoned up told me sort code 165221  use account number and  name in reference

Welcome to your new Cumberland savings account

Your Account Number is ......

• We know it's not the most exciting part of opening your new account 

rawy

bristolleedsfan said:

rawy said:

bristolleedsfan said:

rawy said:

bristolleedsfan said:

rawy said:

SnowMan said:

Some very good Cumberland Building Society fixed rate ISA accounts available to open in branch. They state

This account is available to open at any Cumberland branch, for customers who live in our operating area

1 year fixed rate ISA: 4.25% AER (90 day penalty for transferring to another ISA during the term)

2 year fixed rate ISA: 4.75% AER (90 day penalty for transferring to another ISA during the term)

5 year fixed rate ISA: 5.05% AER (180 day penalty for transferring to another ISA during the term)

https://www.cumberland.co.uk/savings/isa#one

edit:

Been into a branch and in practice it's impossible to open one of these accounts. You can only open one with a face to face or telephone appointment.

And they don't have any appointments available until around 20th December and that's a telephone appointment. And then even though the branch was virtually empty they don't have any face to face appointments available at all at any time. And if the accounts above are gone at that time you don't get these rates even if you specify which account you are interested in.

So consider this misleading advertising by the Cumberland.

I had a telephone appointment today which I booked 12 days ago & managed to get one opened.

Is that application form signed and fixed term rate funded ?

Yes got application form emailed to me after appointment, printed out, signed & returned via email this afternoon.  Got a txt message late afternoon with my account number for transfer,  informing me I have 10 days to fund.

Got in by the skin of my teeth.

Rawy

Did fixed rate term and interest start paying from day you funded it, did you get certificate by post ?

Got a letter & pass book in the post this morning, so only funded by cheque this afternoon in branch.

I'm expecting it to start earning interest from today with first payment 28th Feb when I'll need to go in to get pass book updated. 

Cheers 

Rawy

Thanks for info, was there any particular reason you did not fund by faster payments when they gave you account numbers by text.

You got your account number by text same afternoon as you sent then signed forms by secure message, I sent my signed form by secure message before 11am on thursday, today at 11.14 am I had this reply ( Sadly not heard anymore since)

"I will be looking to get this opened for you today 😊 You should receive an email with the account number on it so you can transfer those funds over! I am so sorry but I forgot one piece of paperwork, you don’t need to rush it back to me, it’s just something to sign to say you agree to the five year terms and conditions and understand that the money is locked in for the allotted time"

Didn't trust funding by FP as email only had half of info & text was quite generic, plus funds coming from Santander who have a habit of blocking payments. Also when asked about processing payments they said they do this manually & there is no way to see the balance online. 

Was easier to wait for letter & passbook to do it old school with a counter cheque from Santander. As I know they have it showing in passbook & saw showing on their terminal in branch.

Interestingly they didn't use any secure messaging with me. There is a bit of amateurism with regards to the whole process. 

Cheers 

Rawy