Cash ISAs: The Best Currently Available List

dlevene

Yes that's my hope too - combination of new rules and new FY resetting the allowances leads to both improved rates and improved transfer process...

freeguy1984uk

Hi, I'm a bit confused as this thread has Zopa down as NOT accepting transfers in (new money only). 

But Zopa's own website says they DO accept transfers in?

https://www.zopa.com/smart-isa

"Can I transfer a cash ISA with another provider into my Smart ISA?

Absolutely!"

RG2015

freeguy1984uk said:

Hi, I'm a bit confused as this thread has Zopa down as NOT accepting transfers in (new money only). 

But Zopa's own website says they DO accept transfers in?

https://www.zopa.com/smart-isa

"Can I transfer a cash ISA with another provider into my Smart ISA?

Absolutely!"

I transferred an ISA in last week. See also the link below.

https://forums.moneysavingexpert.com/discussion/6503767/transfer-in-to-zopa/p1

refluxer

freeguy1984uk said:

Hi, I'm a bit confused as this thread has Zopa down as NOT accepting transfers in (new money only). 

But Zopa's own website says they DO accept transfers in?

https://www.zopa.com/smart-isa

"Can I transfer a cash ISA with another provider into my Smart ISA?

Absolutely!"

They only started accepting transfers-in in December 2023 - they didn't use to before that.

RobinhoodSavings

Coventry are pulling the Four Access ISA (Online) tonight!

pecunianonolet

RobinhoodSavings said:

Coventry are pulling the Four Access ISA (Online) tonight!

I wouldn't mind if they would replace it with a higher rate version but I guess it's just wishful thinking. Do you have any source?

CuparLad

What to do, what to do...

A SecureTrust 1 Yr Fix matured on Monday and is currently winging its way to the Coventry Four Access ISA @ 5.05% (the ST Matured Funds ISA was an offensive 2.25%). Both Shawbrook and Oaknorth have a 5.03% 1 Yr Fix, but not sure whether to grab one of those, or wait it out and see whether the closure of the ISA season throws up any better deals. Of course there's Hunt's budget next week and the MPC on 21st March to consider too...

pecunianonolet

CuparLad said:

What to do, what to do...

A SecureTrust 1 Yr Fix matured on Monday and is currently winging its way to the Coventry Four Access ISA @ 5.05% (the ST Matured Funds ISA was an offensive 2.25%). Both Shawbrook and Oaknorth have a 5.03% 1 Yr Fix, but not sure whether to grab one of those, or wait it out and see whether the closure of the ISA season throws up any better deals. Of course there's Hunt's budget next week and the MPC on 21st March to consider too...

There is the 5.25% 1y fix with Virgin, although requires opening a current account. Current account doesn't have to be used in any way. There is also the 60 day notice account for 5.1% with WestBrom.

The Virgin fix has a 30 day funding window from the day they withdraw the account from sale, so you could open it and leave it unfunded until budget and MPC are over. WestBrom you can open and transfer 1 pound in to secure the account and you could always transfer more in at a later time if required. 

With rules changing on 6th April I anticipate a surge in transfer requests as it will be much easier to move current year funds or spread them out with various providers. 

Plum is also launching an ISA, might be just in time before end of tax year and maybe with market leading rate to shake up competition of Zopa an Moneybox. 

CuparLad

Unfortunately, the Virgin account isn't an option for me (I don't need a second current account nor do I want to switch). It's more about whether I fix now or wait and see what else comes along. The fixer's conundrum in all its glory I guess!

surreysaver

CuparLad said:

Unfortunately, the Virgin account isn't an option for me (I don't need a second current account nor do I want to switch). It's more about whether I fix now or wait and see what else comes along. The fixer's conundrum in all its glory I guess!

You do need a second current account if you want the Virgin ISA (there's many reasons why you may need a second current account). And you don't need to switch to open it