Cash ISAs: The Best Currently Available List

badger09

Growingold said:

benny5 said:

If an ISA is opened, partially funded, then closed within the ’cooling off’ period can another ISA be opened in the same financial year? This is further complicated by the fact I’ve now been paid interest (£2.30) for the brief period the ISA existed.

I  did the same thing closed within the cooling off period and withdrew the funds although there was no interest.  I was advised by the lady on the phone that the money had lost its ISA wrapper so I guess my remaining ISA allowance for this year is £20,000 less what I withdrew even though it was within the cooling off period.

It is not uncommon, but ‘the lady on the phone’ is wrong. 

If you cancel an ISA within the cooling off period, it is treated as if it never existed. You therefore still have your full £20k allowance (less what you might have subscribed elsewhere). Because it is treated in this way, any interest credited is taxable. 

surreysaver

2010 said:

PRAISETHESUN said:

2010 said:

2010 said:

VM the current 1yr exclusive @ 5.05% must be due to be cut given the nearest rival is down at 4.70% and others have cut lower,
The current 5.05% has a maturity of 29/8/25.
So it could be cut after this comng Thursday.

Pulled, now at 4.75%. issue 15

https://uk.virginmoney.com/savings/products/1_year_fixed_rate_cash_isa_exclusive_issue_15/

Issue 14 will have 30 days from today then to make any remaining deposits

And AFAIK, six weeks for any transfers in from other providers.

I've got a fixed Virgin maturing on 30th September. Does this mean I will or won't be able to transfer it to my Issue 14 upon maturity?

2010

surreysaver said:

2010 said:

PRAISETHESUN said:

2010 said:

2010 said:

VM the current 1yr exclusive @ 5.05% must be due to be cut given the nearest rival is down at 4.70% and others have cut lower,
The current 5.05% has a maturity of 29/8/25.
So it could be cut after this comng Thursday.

Pulled, now at 4.75%. issue 15

https://uk.virginmoney.com/savings/products/1_year_fixed_rate_cash_isa_exclusive_issue_15/

Issue 14 will have 30 days from today then to make any remaining deposits

And AFAIK, six weeks for any transfers in from other providers.

I've got a fixed Virgin maturing on 30th September. Does this mean I will or won't be able to transfer it to my Issue 14 upon maturity?

I would say you will.
VM will contact you before maturity to give you your options anyway, and that`s the time to tell them to transfer it to issue 14.

2010

csw5780 said:

surreysaver said:

2010 said:

PRAISETHESUN said:

2010 said:

2010 said:

VM the current 1yr exclusive @ 5.05% must be due to be cut given the nearest rival is down at 4.70% and others have cut lower,
The current 5.05% has a maturity of 29/8/25.
So it could be cut after this comng Thursday.

Pulled, now at 4.75%. issue 15

https://uk.virginmoney.com/savings/products/1_year_fixed_rate_cash_isa_exclusive_issue_15/

Issue 14 will have 30 days from today then to make any remaining deposits

And AFAIK, six weeks for any transfers in from other providers.

I've got a fixed Virgin maturing on 30th September. Does this mean I will or won't be able to transfer it to my Issue 14 upon maturity?

Unlikely as:
“ Thanks for opening a Virgin Money Fixed Rate Cash ISA Exclusive Issue 14. Please note, you can only add money until 5pm on 27/09/2024.”

Very likely as:
When you open issue 14 the T&C state you can transfer a cash ISA into it up to six weeks from the issue being withdrawn.

GalacticaActual

Bobblehat said:

VM 1YR Fix ISA Issue14 (NLA)

I must give Virgin a thumbs up for speedily transferring in my Coventry LIM ACC ISA today ... in less than 24 hours of me opening the VM Issue 14 yesterday! No problem with having previous years of contributions plus £20K of this years contribution in the Coventry ISA, all done very easily online, including the application for the VM ISA!

Looks like I timed it well ... Coventry ISA drops to 4.7% on 02/09 and the Virgin ISA Fixed at 5.05% 😊

Same here. All funds transferred today from Nationwide to the VM Fixed Rate Cash ISA Issue 14 after initiating the new account opening and transfer request a few days ago on Sunday 25th August 2024.

I also received the M Plus Debit Card in the post today after opening that account on Saturday 24th August 2024.

Very impressed so far with Virgin Money 

2010

Charter 1yr fixed ISA increased tp 4.67%

poseidon1

2010 said:

Charter 1yr fixed ISA increased tp 4.67%

Appreciate the update! Had just set up a fixed rate with them a few days back to receive forthcoming maturity proceeds.

On the back of your post , phoned them to shut down that account and have now set up the new in readiness. Will keep an eye on this thread, since if you snooze you lose!

2010

Virgin Money1 Year Fixed Rate Cash ISA Exclusive Issue 16 4.61%
Another cut from 4.75%.

Growingold

May have been mentionedbefore if so apologies.

Have just seen Marsden online easy Access ISA at 4.85% .  Min to open £5,000 though.  Accepts transfers in of past and current years contributions.

gwapenut

Growingold said:

May have been mentionedbefore if so apologies.

Have just seen Marsden online easy Access ISA at 4.85% .  Min to open £5,000 though.  Accepts transfers in of past and current years contributions.

Just to note, it's postal transfers only, not electronic