Cash ISAs: The Best Currently Available List

gwapenut

I've checked the docs, but cannot find the answer to this, and I'd like to summarise the differences between the two fixed rates providers who may allow top-ups.

How long after opening can you leave adding the £3k minimum to the Lloyds ISA, or the £1k for the Shawbrook ISA?

Is there any reason to choose the lower Lloyds rate over Shawbrook, other than the various scraps of T&Cs for Shawbrook being more equivocal about whether you can definitely fund it later after it become a closed issue?

And neither provider supports splitting the ISA allowance with other providers, from a summary I've read here: https://moneyweek.com/personal-finance/savings/isas/multiple-isa-rule-how-it-works ?

flaneurs_lobster

gwapenut said:

And neither provider supports splitting the ISA allowance with other providers, from a summary I've read here: https://moneyweek.com/personal-finance/savings/isas/multiple-isa-rule-how-it-works ?

That's Moneyweek's conclusion (that a provider's Terms can preclude you from having a Cash ISA with another provider). Don't think that's the conclusion of the majority of the contributors here.

flobbalobbalob

flaneurs_lobster said:

Applying for the Shawbrook 2yr fix. Application requires a password to be set up but I can't paste from my password manager (nor anywhere else) into the new password field.

Just me? Try another browser other than Chrome?

This is a deal-breaker, I'm not setting up an account that requires me to copy 20 characters 1 by 1 between two screens (twice) (and again on each login?).

Just tried it on Chrome using window11 and cut and paste is working for me (always has done). By the way if you are using KeePass password manager you can also drag and drop the password.

RetSol

flaneurs_lobster said:

gwapenut said:

And neither provider supports splitting the ISA allowance with other providers, from a summary I've read here: https://moneyweek.com/personal-finance/savings/isas/multiple-isa-rule-how-it-works ?

That's Moneyweek's conclusion (that a provider's Terms can preclude you from having a Cash ISA with another provider). Don't think that's the conclusion of the majority of the contributors here.

Contrary to the impression given by this article, Coventry BS appear to accept that a customer can now subscribe each year to a cash ISA with multiple providers - https://www.coventrybuildingsociety.co.uk/member/isa-changes.html (What does this mean for you? - second bullet point).

In other words, Coventry BS seem to be adopting a different approach from eg Kent Reliance and Shawbrook whose ISA declarations contain a statement that the customer will not subscribe for a cash ISA with another provider in the same year.

flaneurs_lobster

flobbalobbalob said:

flaneurs_lobster said:

Applying for the Shawbrook 2yr fix. Application requires a password to be set up but I can't paste from my password manager (nor anywhere else) into the new password field.

Just me? Try another browser other than Chrome?

This is a deal-breaker, I'm not setting up an account that requires me to copy 20 characters 1 by 1 between two screens (twice) (and again on each login?).

Just tried it on Chrome using window11 and cut and paste is working for me (always has done). By the way if you are using KeePass password manager you can also drag and drop the password.

Thanks for that. Edge didn't work either - odd error, cut'n'paste/autofill from Bitwarden works just fine on every other site.

Got it to work/application successful using Chrome on Android phone.

flaneurs_lobster

RetSol said:

flaneurs_lobster said:

gwapenut said:

And neither provider supports splitting the ISA allowance with other providers, from a summary I've read here: https://moneyweek.com/personal-finance/savings/isas/multiple-isa-rule-how-it-works ?

That's Moneyweek's conclusion (that a provider's Terms can preclude you from having a Cash ISA with another provider). Don't think that's the conclusion of the majority of the contributors here.

 This is notwithstanding that Coventry BS has yet to implement the new ISA regime. 

I'm not aware of any provider that is supporting the holding of 2 (or more) Cash ISAs with themselves. I'm sure someone must have found one?

SickGroove

badger09 said:

SickGroove said:

Going back to the Lloyds fixed 2 year cash ISA which you can continually add to during the term...

I have a 20K one year fix with charter, which expires in October this year....if by then the rate is below the 4.25%from Lloyds, can it then be transferred into the Lloyds one to get the current 4.25%?

Can you transfer other old ISAs in at any point during the term & if so how do you do it?

Cheers

Yes
As long you have already opened the Lloyds FRISA. They could of course withdraw it at any time. 

I suggest you look at Lloyds Bank website or even google

https://www.lloydsbank.com/isas/isa-transfer.html

How do you transfer a maturing Cash ISA from Charter Savings Bank to Lloyds without a specific account number & sort code?

I've looked on the Lloyds website, as the app directs you there if you only have a reference, but can't see Charter Savings Bank from the drop-down options

Cheers

Emily_Joy

flaneurs_lobster said:

RetSol said:

flaneurs_lobster said:

gwapenut said:

And neither provider supports splitting the ISA allowance with other providers, from a summary I've read here: https://moneyweek.com/personal-finance/savings/isas/multiple-isa-rule-how-it-works ?

That's Moneyweek's conclusion (that a provider's Terms can preclude you from having a Cash ISA with another provider). Don't think that's the conclusion of the majority of the contributors here.

 This is notwithstanding that Coventry BS has yet to implement the new ISA regime. 

I'm not aware of any provider that is supporting the holding of 2 (or more) Cash ISAs with themselves. I'm sure someone must have found one?

I am holding several Cash ISAs with Skipton, all opened in 2023/24 tax year, one funded with new (now old) money, others by ISA transfers.

flaneurs_lobster

Emily_Joy said:

flaneurs_lobster said:

RetSol said:

flaneurs_lobster said:

gwapenut said:

And neither provider supports splitting the ISA allowance with other providers, from a summary I've read here: https://moneyweek.com/personal-finance/savings/isas/multiple-isa-rule-how-it-works ?

That's Moneyweek's conclusion (that a provider's Terms can preclude you from having a Cash ISA with another provider). Don't think that's the conclusion of the majority of the contributors here.

 This is notwithstanding that Coventry BS has yet to implement the new ISA regime. 

I'm not aware of any provider that is supporting the holding of 2 (or more) Cash ISAs with themselves. I'm sure someone must have found one?

I am holding several Cash ISAs with Skipton, all opened in 2023/24 tax year, one funded with new (now old) money, others by ISA transfers.

That's cheating  looking for a provider that has/will allow 2 Cash ISAs to be opened/funded 2024/25.

refluxer

flaneurs_lobster said:

Emily_Joy said:

flaneurs_lobster said:

RetSol said:

flaneurs_lobster said:

gwapenut said:

And neither provider supports splitting the ISA allowance with other providers, from a summary I've read here: https://moneyweek.com/personal-finance/savings/isas/multiple-isa-rule-how-it-works ?

That's Moneyweek's conclusion (that a provider's Terms can preclude you from having a Cash ISA with another provider). Don't think that's the conclusion of the majority of the contributors here.

 This is notwithstanding that Coventry BS has yet to implement the new ISA regime. 

I'm not aware of any provider that is supporting the holding of 2 (or more) Cash ISAs with themselves. I'm sure someone must have found one?

I am holding several Cash ISAs with Skipton, all opened in 2023/24 tax year, one funded with new (now old) money, others by ISA transfers.

That's cheating  looking for a provider that has/will allow 2 Cash ISAs to be opened/funded 2024/25.

Some ISA providers have been offering a 'portfolio' approach (allowing you to spread your ISA allowance over different cash ISA accounts with themselves) for quite a while now.

Paragon, Nationwide and Zopa spring to mind and there may be others.