Cash ISAs: The Best Currently Available List

dc_scotland

I see that Tesco Instant Access Cash ISA has been reduced from 4.4% to 4.3% for new applicants:
https://www.tescobank.com/savings/

It seems the bonus has increased but the interest rate decreased.

Rich2808

This may have been answered earlier on this thread but I have a quick question about Lloyds fixed rate cash isas Most fixed rate isas have a time limit by which you can make deposits or transfers in (e.g. within 28 or 30 days).

But no time limit appears to be specified in the Lloyds terms and conditions? Is this correct - so can you keep making payments/transfers in to the end of the tax year or even to the end of the fixed rate term?

Would welcome any clarification on this?

https://www.lloydsbank.com/isas/2-year-fixed-rate-cash-isa.html

https://www.lloydsbank.com/assets/media/pdfs/savings/fixed-rate-cash-isa-conditions.pdf

savit4l8er

Rich2808 said:

This may have been answered earlier on this thread but I have a quick question about Lloyds fixed rate cash isas Most fixed rate isas have a time limit by which you can make deposits or transfers in (e.g. within 28 or 30 days).

But no time limit appears to be specified in the Lloyds terms and conditions? Is this correct - so can you keep making payments/transfers in to the end of the tax year or even to the end of the fixed rate term?

Would welcome any clarification on this?

https://www.lloydsbank.com/isas/2-year-fixed-rate-cash-isa.html

https://www.lloydsbank.com/assets/media/pdfs/savings/fixed-rate-cash-isa-conditions.pdf

Yes, you can keep contributing for the duration. 
 

gele

soulsaver said:

rallycurve said:

Santander 1yr fixed ISA 5.6% plus £50 voucher if you transfer £10k+. Making it effectively 6.10% for a 10k transfer

"You need to have instructed us to transfer the full balance you hold in an existing cash or stocks and shares ISA from an ISA manager..."

So, partials not allowed.. but you could transfer £10k out to a 3rd party ISA provider and then to Santander...

santander_fixed_rate_isa_transfer_offer_terms_and_conditions_coremc0274sep23hcd.pdf

eta link

Now this would be perfect for me as I have just over 10k in one ISA. Sadly that doesn't mature until Jan so not much chance that this will be around then I wouldn't have thought. 

Eirambler

Leeds' 4.8% offering is the new best rate easy access ISA. Oaknorth have the best monthly interest offer at 4.75%. Difficult to see EA ISA rates going much above those in the short term after the interest rate decision today.

sheslookinhot

Eirambler said:

Leeds' 4.8% offering is the new best rate easy access ISA. Oaknorth have the best monthly interest offer at 4.75%. Difficult to see EA ISA rates going much above those in the short term after the interest rate decision today.

At my request, Leeds transfered my cash from the issue 64 to issue 65 paying 4.8%, within 3 days. Backdated to day of request.

dc_scotland

The Virgin Money Easy Access Cash ISA Exclusive (issue 2) is now paying 4.76%, up from 4.51%

Shedman

dc_scotland said:

The Virgin Money Easy Access Cash ISA Exclusive (issue 2) is now paying 4.76%, up from 4.51%

That's handy..saves me having to move it to Leeds BS (surprised had no email about it yet)

pecunianonolet

dc_scotland said:

The Virgin Money Easy Access Cash ISA Exclusive (issue 2) is now paying 4.76%, up from 4.51%

I hope somebody can answer this question:

OH has opened a flexible ISA with Coventry last tax year and put the full 20k in. On the 6th of April £19.999 were taken out to use in other "open market" accounts, some was spent, etc. Aim was to max out PSA with higher rates before we pay back in to the ISA.

Since it is technically old money, OH should be able to transfer to a different provider at any point. 

The question is now, do the £19.999 need to be paid in to Coventry first and then a switch would be initiated to e.g. Virgin (flexible) or could the current balance of £1 be transferred and as part of that transfer the £19.999 allowance would transfer as well? 

Meaning that OH would just need to pay back the £19.999 now to Virgin instead of Coventry by the end of the tax year to keep the protection status.

From a HMRC perspective, 20k were under ISA protection on 5th April 2023 land all they care about is the balance on 5th April 2024. What happened in between with a flexible ISA  doesn't concern HMRC. 

However, do the banks work the same way?

qbadger

4.85%, limited access, flexible, existing customers only
https://www.monbs.com/savings/exclusive-one-access-cash-isa/

4.90%, limited access, flexible
Coventry building society, Four Access ISA (Online)