Cash ISAs: The Best Currently Available List

pecunianonolet

steveksullivan said:

pecunianonolet said:

refluxer said:

Shawbrook have just pipped Virgin to the number 1 spot for a 1 year fixed rate cash ISA at 4.32%

Ahh could bite myself. Opened when it was 4.17%, managed to upgrade to 4.21% as was still within the 14 day funding window (day 13) and now 4.32% and top spot and I am on day 16 after the recent upgrade. 

Exactly the same situation and same number of days for me on the 2 year product .... does anyone know if Shawbrook have any flexibilty on the 14 day cooling off when they raise rates like this?

I sent them a secure message and asked and maybe they apply goodwill but doubt it. Anyhow, if you don't ask you don't get.

steveksullivan

pecunianonolet said:

steveksullivan said:

pecunianonolet said:

refluxer said:

Shawbrook have just pipped Virgin to the number 1 spot for a 1 year fixed rate cash ISA at 4.32%

Ahh could bite myself. Opened when it was 4.17%, managed to upgrade to 4.21% as was still within the 14 day funding window (day 13) and now 4.32% and top spot and I am on day 16 after the recent upgrade. 

Exactly the same situation and same number of days for me on the 2 year product .... does anyone know if Shawbrook have any flexibilty on the 14 day cooling off when they raise rates like this?

I sent them a secure message and asked and maybe they apply goodwill but doubt it. Anyhow, if you don't ask you don't get.

I'm just about to try the same.....

Kazza242

Evening all.

There have been some new increased cash ISA rates and some new launches today including:

Shawbrook Bank fixed rate ISAs:
4.32% 1 Year
4.40% 2 Year
4.37% 3 Year

Leeds BS fixed rate ISAs:
4.25% 1 Year
4.32% 2 Year
4.25% 3 Year

Paragon Bank Triple Access Cash ISA (issue 13): 3.51%

Principality BS Online ISA: 3.45%

They have all been added to the list on page 1 of this thread, here.  

andyhicks88

pecunianonolet said:

refluxer said:

Shawbrook have just pipped Virgin to the number 1 spot for a 1 year fixed rate cash ISA at 4.32%

Ahh could bite myself. Opened when it was 4.17%, managed to upgrade to 4.21% as was still within the 14 day funding window (day 13) and now 4.32% and top spot and I am on day 16 after the recent upgrade. 

i thought that the Shawbrook ISA allowed deposits at any time during the fix?

35har1old

andyhicks88 said:

pecunianonolet said:

refluxer said:

Shawbrook have just pipped Virgin to the number 1 spot for a 1 year fixed rate cash ISA at 4.32%

Ahh could bite myself. Opened when it was 4.17%, managed to upgrade to 4.21% as was still within the 14 day funding window (day 13) and now 4.32% and top spot and I am on day 16 after the recent upgrade. 

i thought that the Shawbrook ISA allowed deposits at any time during the fix?

I think he ment the 14 day cooling of period and he is now tied into 4.21% for the year

35har1old

35har1old said:

andyhicks88 said:

pecunianonolet said:

refluxer said:

Shawbrook have just pipped Virgin to the number 1 spot for a 1 year fixed rate cash ISA at 4.32%

Ahh could bite myself. Opened when it was 4.17%, managed to upgrade to 4.21% as was still within the 14 day funding window (day 13) and now 4.32% and top spot and I am on day 16 after the recent upgrade. 

i thought that the Shawbrook ISA allowed deposits at any time during the fix?

I think he ment the 14 day cooling of period and he is now tied into 4.21% for the year

If you had been able to transfer £10000 into a 1 year Santander ISA at 4.15% rec up front £50 equates  to 0.5% = 4.65%

intalex

andyhicks88 said:

i thought that the Shawbrook ISA allowed deposits at any time during the fix?

Is this really the case - for example will the 3-year fix allow annual allowance top-up for the next 3 tax years?

Can't find anything in the product features, only a reference to transfers in being allowed for only as long as the product remains available...

refluxer

intalex said:

andyhicks88 said:

i thought that the Shawbrook ISA allowed deposits at any time during the fix?

Is this really the case - for example will the 3-year fix allow annual allowance top-up for the next 3 tax years?

Can't find anything in the product features, only a reference to transfers in being allowed for only as long as the product remains available...

While it doesn't explicitly say that you can do that, I think the following quote from the Terms and Conditions section at the bottom of the product summary document suggests that this should be possible...

"Please note that the Bank reserves the right to withdraw this product at any time. If the product is withdrawn, you can 

continue to put more money into your account until the expiry of the fixed term."

steveksullivan

refluxer said:

intalex said:

andyhicks88 said:

i thought that the Shawbrook ISA allowed deposits at any time during the fix?

Is this really the case - for example will the 3-year fix allow annual allowance top-up for the next 3 tax years?

Can't find anything in the product features, only a reference to transfers in being allowed for only as long as the product remains available...

While it doesn't explicitly say that you can do that, I think the following quote from the Terms and Conditions section at the bottom of the product summary document suggests that this should be possible...

"Please note that the Bank reserves the right to withdraw this product at any time. If the product is withdrawn, you can 

continue to put more money into your account until the expiry of the fixed term."

This has been confirmed to me now on more than one occasion by their CS reps ..... as well as being able to transfer in ISAs during the period of the fix - not just on account opening as MSE still says.

The last occasion they confirmed this was at 10:20 on 27th April ..... I noted the date and time after asking whether the call was being recorded in case of issues when my Virgin ISA matures in October ..!!

aaj123

steveksullivan said:

refluxer said:

intalex said:

andyhicks88 said:

i thought that the Shawbrook ISA allowed deposits at any time during the fix?

Is this really the case - for example will the 3-year fix allow annual allowance top-up for the next 3 tax years?

Can't find anything in the product features, only a reference to transfers in being allowed for only as long as the product remains available...

While it doesn't explicitly say that you can do that, I think the following quote from the Terms and Conditions section at the bottom of the product summary document suggests that this should be possible...

"Please note that the Bank reserves the right to withdraw this product at any time. If the product is withdrawn, you can 

continue to put more money into your account until the expiry of the fixed term."

This has been confirmed to me now on more than one occasion by their CS reps ..... as well as being able to transfer in ISAs during the period of the fix - not just on account opening as MSE still says.

The last occasion they confirmed this was at 10:20 on 27th April ..... I noted the date and time after asking whether the call was being recorded in case of issues when my Virgin ISA matures in October ..!!

This is great though very unusual as banks typically provide fixed rate products by sourcing it from money markets. If Shawbrook is offering a fix for money deposited in the future at an uncertain date, it's basically them taking on a fair element of risk in offering this product.