Cash ISAs: The Best Currently Available List

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.

RetSol

refluxer said:

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.

Kent Reliance, too.

And MandS Bank seem to allow the customer to open more than one product. 

slinger2

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?

Even before the changes this week some providers (eg Nationwide) have been using a "portfolio" ISA system, legally just 1 Cash ISA but with multiple products within it.

RetSol

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?

Try MandS Bank. 

And they do not ask the customer to vow to forsake all others. 

flobbalobbalob

So I've got my "your fixed ISA is maturing soon" email from Virgin. Here are the choices .



As I want an easy access cash ISA, and they don't have one at the moment (apart one for current account holders only), bless them they are doing me a favour by allowing me to take advantage of one that is not available @ 0.10 % AER. While I am flattered to be so special I do want to transfer. My question is do I have to wait for the maturity date to transfer, and hence loose money, or is there some rule/law that allows me to transfer now.

Ozzig

flobbalobbalob said:

So I've got my "your fixed ISA is maturing soon" email from Virgin. Here are the choices .



As I want an easy access cash ISA, and they don't have one at the moment (apart one for current account holders only), bless them they are doing me a favour by allowing me to take advantage of one that is not available @ 0.10 % AER. While I am flattered to be so special I do want to transfer. My question is do I have to wait for the maturity date to transfer, and hence loose money, or is there some rule/law that allows me to transfer now.

Transfers I've done in the past have given the option to avoid penalty and have waited until the current fixed term ends before transferring.

flobbalobbalob

Ozzig said:

flobbalobbalob said:

So I've got my "your fixed ISA is maturing soon" email from Virgin. Here are the choices .



As I want an easy access cash ISA, and they don't have one at the moment (apart one for current account holders only), bless them they are doing me a favour by allowing me to take advantage of one that is not available @ 0.10 % AER. While I am flattered to be so special I do want to transfer. My question is do I have to wait for the maturity date to transfer, and hence loose money, or is there some rule/law that allows me to transfer now.

Transfers I've done in the past have given the option to avoid penalty and have waited until the current fixed term ends before transferring.

Thanks, I've checked with Zopa and they offer that. However Zopa want the account number for the transfer but that will change at some point at maturity. Does giving Zopa instructions in advance have any benefit or should I wait till after maturity to avoid any confusion.