Cash ISAs: The Best Currently Available List

soulsaver

wiseonesomeofthetime said:

dlevene said:

ForumUser7 said:

Principality Online ISA -> 4.20% ~ MoneyFacts

Nice. I'd made my peace with staying put with Coventry until the next BoE decision but good to see they're still creeping upwards.

Almost at parity with normal EA, which is great. Though I'm still salty about missing out on the YBS loyalty ISA which I think is now at 5%!

Yeah, that is the one account that has worked in my favour, for a change

YBS Loyalty 6 Access (NLA) 5% capped at £20k, then 4.5% on the balance above. = 4.7% blended on £50k, = 5.875% for comparative purposes for BR tax payer taxed on interest, 7.833% for higher. 

jpsman

Does Principality ever offer loyalty accounts? 

Wondering whether to bother transferring a token amount of my 4.1% Coventry ISA just to be a new customer of Principality.

refluxer

Harry227 said:

SnowMan said:

ForumUser7 said:

Principality Online ISA -> 4.20% ~ MoneyFacts

Now showing on their website

https://www.principality.co.uk/savings-accounts/isas/Online-ISA

My online ISA account with the Principality comes to an end (bonus period) at the end of this month.  Does anyone know if I need to close and then open a new online ISA to get the improved rate?

In normal circumstances, you would open the new ISA and then request an internal transfer but I'm not sure how this would work with the Online ISA, as they state you can only hold one at any one time.

If I was in your position, I would send them a secure message or ring them and ask them how best to go about this - they might even do it all for you. I've always found them to be really helpful and fairly quick to deal with queries.

Whatever you do though, don't close the current ISA yourself or your money will lose it's ISA status and paying that money into a new ISA would then count towards your 2023-24 ISA allowance.

refluxer

jpsman said:

Does Principality ever offer loyalty accounts? 

Wondering whether to bother transferring a token amount of my 4.1% Coventry ISA just to be a new customer of Principality.

I've been a Principality customer for a few years now and don't remember them doing so - at least none that have fallen on my radar.

I really like them and currently hold a number of their Regular Saver accounts but one thing to be aware of if you're looking at ISAs is that they don't utilise the BACs ISA transfer service, so ISA transfers (both in and out) can often be fairly slow. Saying that, the transfers I've done have been carried out within the allowed timescales but (unlike BACS transfers) it normally takes weeks rather than days.

soulsaver

jpsman said:

Does Principality ever offer loyalty accounts? 

Wondering whether to bother transferring a token amount of my 4.1% Coventry ISA just to be a new customer of Principality.

You can open any of their available accounts to get membership. Why complicate it with an Isa transfer?

JGal

ForumUser7 said:

https://www.express.co.uk/finance/personalfinance/1788188/Lloyds-Bank-Halifax-increase-interest-rates-savings-account

Surprisingly some table topping FRISAs to be realised in this article

All live today.

rallycurve

refluxer said:

jpsman said:

Does Principality ever offer loyalty accounts? 

Wondering whether to bother transferring a token amount of my 4.1% Coventry ISA just to be a new customer of Principality.

I've been a Principality customer for a few years now and don't remember them doing so - at least none that have fallen on my radar.

I really like them and currently hold a number of their Regular Saver accounts but one thing to be aware of if you're looking at ISAs is that they don't utilise the BACs ISA transfer service, so ISA transfers (both in and out) can often be fairly slow. Saying that, the transfers I've done have been carried out within the allowed timescales but (unlike BACS transfers) it normally takes weeks rather than days.

This is very important for many and some won't realise.
I can't be bothered with paper forms and snail mail. Plus potentially losing out on interest while waiting for a transfer out should the account stops being competitive 

pookey

dlevene said:

ForumUser7 said:

Principality Online ISA -> 4.20% ~ MoneyFacts

Nice. I'd made my peace with staying put with Coventry until the next BoE decision but good to see they're still creeping upwards.

Almost at parity with normal EA, which is great. Though I'm still salty about missing out on the YBS loyalty ISA which I think is now at 5%!

Yes YBS is 5% up to 20k. Sorry you missed out on it

pookey

wiseonesomeofthetime said:

dlevene said:

ForumUser7 said:

Principality Online ISA -> 4.20% ~ MoneyFacts

Nice. I'd made my peace with staying put with Coventry until the next BoE decision but good to see they're still creeping upwards.

Almost at parity with normal EA, which is great. Though I'm still salty about missing out on the YBS loyalty ISA which I think is now at 5%!

Yeah, that is the one account that has worked in my favour, for a change

Me too, so glad I managed to get 2 of them

dlevene

refluxer said:

I've been a Principality customer for a few years now and don't remember them doing so - at least none that have fallen on my radar.

I really like them and currently hold a number of their Regular Saver accounts but one thing to be aware of if you're looking at ISAs is that they don't utilise the BACs ISA transfer service, so ISA transfers (both in and out) can often be fairly slow. Saying that, the transfers I've done have been carried out within the allowed timescales but (unlike BACS transfers) it normally takes weeks rather than days.

Weeks? Blimey!