Cash ISAs: The Best Currently Available List

2010

pookey said:

Thank you all for your help. 


I'm trying to avoid going over my PSA so the flexibility of Chip is very appealing. 

Don`t asume you just get £1k PSA because it doesn`t work that way.
Other allowances have to be used first.

See_Em

No problem opening the Trading 212 Cash Isa but I have been unable to transfer in funds from another Cash ISA. Trading 212 message states: "Due to the very high demand for incoming transfers, we've temporarily paused accepting new requests. We will notify you as soon as you can submit a transfer request."

pookey

2010 said:

pookey said:

Thank you all for your help. 


I'm trying to avoid going over my PSA so the flexibility of Chip is very appealing. 

Don`t asume you just get £1k PSA because it doesn`t work that way.
Other allowances have to be used first.

Hi which allowances please? 

2010

pookey said:

2010 said:

pookey said:

Thank you all for your help. 


I'm trying to avoid going over my PSA so the flexibility of Chip is very appealing. 

Don`t asume you just get £1k PSA because it doesn`t work that way.
Other allowances have to be used first.

Hi which allowances please? 

£12,570, £5k and then the PSA of £1k.

pookey

soulsaver said:

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.

Thank you, I'll look at the rates and rules of the others that were mentioned and see what's best. It would be really frustrating if i couldn't transfer money in when the chip rate drops 😬

pookey

2010 said:

pookey said:

2010 said:

pookey said:

Thank you all for your help. 


I'm trying to avoid going over my PSA so the flexibility of Chip is very appealing. 

Don`t asume you just get £1k PSA because it doesn`t work that way.
Other allowances have to be used first.

Hi which allowances please? 

£12,570, £5k and then the PSA of £1k.

I'm a tax payer so i just get the 1k PSA right? 

slinger2

pookey said:

2010 said:

pookey said:

2010 said:

pookey said:

Thank you all for your help. 


I'm trying to avoid going over my PSA so the flexibility of Chip is very appealing. 

Don`t asume you just get £1k PSA because it doesn`t work that way.
Other allowances have to be used first.

Hi which allowances please? 

£12,570, £5k and then the PSA of £1k.

I'm a tax payer so i just get the 1k PSA right? 

Assuming you're a basic rate taxpayer with income over £17,570 (excluding the interest payments). Those on the higher tax rates get less.

pookey

slinger2 said:

pookey said:

2010 said:

pookey said:

2010 said:

pookey said:

Thank you all for your help. 


I'm trying to avoid going over my PSA so the flexibility of Chip is very appealing. 

Don`t asume you just get £1k PSA because it doesn`t work that way.
Other allowances have to be used first.

Hi which allowances please? 

£12,570, £5k and then the PSA of £1k.

I'm a tax payer so i just get the 1k PSA right? 

Assuming you're a basic rate taxpayer with income over £17,570 (excluding the interest payments). Those on the higher tax rates get less.

Yes that's right, thank you

2010

pookey said:

2010 said:

pookey said:

2010 said:

pookey said:

Thank you all for your help. 


I'm trying to avoid going over my PSA so the flexibility of Chip is very appealing. 

Don`t asume you just get £1k PSA because it doesn`t work that way.
Other allowances have to be used first.

Hi which allowances please? 

£12,570, £5k and then the PSA of £1k.

I'm a tax payer so i just get the 1k PSA right? 

If you earn over £18,570 a year, then you pay tax on all non ISA savings interest.

pookey

Has anyone opened an isa with chip? Is it quite straight forward? 

"As a new user you will need to sign-up to Chip, complete an application for the Chip Cash ISA, make a first save and start accruing interest. If you do not complete all the steps you will not accrue interest."

What's a first save and start please? Is it the first deposit? 



https://www.getchip.uk/chip-cash-isa/brand?campaign=21283694809&adgroup=chip isa&creative=699168514214&gad_source=1&gclid=CjwKCAjwvIWzBhAlEiwAHHWgvagnQJI0bJg2qvnMSccE4nhPQ6d84V36JwMLs7AxYmVwEltgazPc7RoCY4IQAvD_BwE