Cash ISAs: The Best Currently Available List

slinger2

pookey said:

slinger2 said:

pookey said:

Looking at opening a cash ISA for this tax year.
I've seen that Chase has been posted on here at 5.1% and it's also flexible which is great as I can move some extra money in to avoid going over my PSA.

Are there any fixed cash ISAs that allow you to top it up throughout the tax year please? 

Shawbrook do, for new money: "Please note that the Bank reserves the right to withdraw this product at any time. If the product is withdrawn, you can continue to put more money into your account until the expiry of the fixed term." Not guaranteed for transfers: "Transfer requests received after your initial account application may be refused."

Thank you, is it flexible too? 

Almost certainly not. Fixed rate ISAs rarely are.

soulsaver

Fixed ISA Top Ups: Lloyds, Barclays, Shawbrook, Kent Reliance, Bath BS. 

Barclays has limited flexibility, none of the others. Note their individual rules, IIRC they all differ.

pookey

Can i open a shawbrook cash ISA and Chip cash ISA and fund both with money for this tax year please? 

flaneurs_lobster

pookey said:

Can i open a shawbrook cash ISA and Chip cash ISA and fund both with money for this tax year please? 

Yes (up to the £20K limit across all ISAs).

badger09

pookey said:

Can i open a shawbrook cash ISA and Chip cash ISA and fund both with money for this tax year please? 

Yes
Though some ISA providers suggest you cannot fund an ISA with them if you have already funded one elsewhere. However, they cannot change HMRC rules😉. 

gwapenut

soulsaver said:

Fixed ISA Top Ups: Lloyds, Barclays, Shawbrook, Kent Reliance, Bath BS. 

None flexible. Note their individual rules, IIRC they all differ.

Is that true of Barclays? I was able to withdraw 10%, three times, and was also allowed to repay it. Their fixed ISAs are a good product. I've slated them in the past for transfer problems but, unlike Virgin, they respond to complaints very quickly, with good compensation, and a lovely fella took the time to explain eactly how it had all gone wrong and that they'd found the systemic root cause and were rolling out a fix that particular week.

slinger2

gwapenut said:

soulsaver said:

Fixed ISA Top Ups: Lloyds, Barclays, Shawbrook, Kent Reliance, Bath BS. 

None flexible. Note their individual rules, IIRC they all differ.

Is that true of Barclays? I was able to withdraw 10%, three times, and was also allowed to repay it. Their fixed ISAs are a good product. I've slated them in the past for transfer problems but, unlike Virgin, they respond to complaints very quickly, with good compensation, and a lovely fella took the time to explain eactly how it had all gone wrong and that they'd found the systemic root cause and were rolling out a fix that particular week.

Yes. Looks like the Barclays ones are flexible: "Funds withdrawn from your Flexible Cash ISA can be replaced in the same tax year without counting towards your annual ISA allowance." although withdrawals are limited: "Make up to three withdrawals, each one of up to 10% of your current balance"

soulsaver

gwapenut said:

soulsaver said:

Fixed ISA Top Ups: Lloyds, Barclays, Shawbrook, Kent Reliance, Bath BS. 

None flexible. Note their individual rules, IIRC they all differ.

Is that true of Barclays? I was able to withdraw 10%, three times, and was also allowed to repay it. Their fixed ISAs are a good product. I've slated them in the past for transfer problems but, unlike Virgin, they respond to complaints very quickly, with good compensation, and a lovely fella took the time to explain eactly how it had all gone wrong and that they'd found the systemic root cause and were rolling out a fix that particular week.

Thanks, you're right - I was making the mistake of reiterating what someone had said previously (so may have been true at the time) without checking. And it's the only one of the 5 I don't have, so there is room for error.
Edited my post.

pookey

Thank you all for your help. 

So can i open the Chip 5.1% ISA and move as much money in and out as needed without any penalties? 

And Also open the Shawbrook at 4.8% or Barclays at 4.6% with a fixed rate but can top up throughout the tax year?


I'm trying to avoid going over my PSA so the flexibility of Chip is very appealing. I also have some monthly savers maturing towards the end of the year so it would be great to be able to add  funds later on, especially if the Chip account drops 

soulsaver

pookey said:

Thank you all for your help. 

So can i open the Chip 5.1% ISA and move as much money in and out as needed without any penalties? 

And Also open the Shawbrook at 4.8% or Barclays at 4.6% with a fixed rate but can top up throughout the tax year?


I'm trying to avoid going over my PSA so the flexibility of Chip is very appealing. I also have some monthly savers maturing towards the end of the year so it would be great to be able to add  funds later on, especially if the Chip account drops 

Shawbrook is a yes, but with reservations - the T&Cs say that they may refuse transfers-in that are not requested at the outset.

But I have been allowed to in the past, and I have their assurances I can in the future with my current 3year fix.