Cash ISAs: The Best Currently Available List

BigBlueSky

csw5780 said:

pecunianonolet said:

Just seen in the MSE newsletter that there is an option to receive a boost for the Chip ISA. I don't think it is possible to transfer funds away, close the ISA account and reopen with the code and transfer funds back in within the given timeframe.  Can't think of another work around but great for those not currently using a cash ISA with Chip and able to benefit from this.

The code only works for customers new to Chip for the first 14 days. 

Might as well use Trading212 - 5.10% with their Cash ISA and a free share when signing up (worth between £10 and £100).

ortolickus

BigBlueSky said:

csw5780 said:

pecunianonolet said:

Just seen in the MSE newsletter that there is an option to receive a boost for the Chip ISA. I don't think it is possible to transfer funds away, close the ISA account and reopen with the code and transfer funds back in within the given timeframe.  Can't think of another work around but great for those not currently using a cash ISA with Chip and able to benefit from this.

The code only works for customers new to Chip for the first 14 days. 

Might as well use Trading212 - 5.10% with their Cash ISA and a free share when signing up (worth between £10 and £100).

I've got a T212 cash ISA at 5.0% (recently down from 5.20%). Do you know if i can open this account and transfer in my existing ISA? I can't find this info on either the T212 site nor the MSE comparison page. Neither can i see anything about a "free share"?

Aidanmc

ortolickus said:

BigBlueSky said:

csw5780 said:

pecunianonolet said:

Just seen in the MSE newsletter that there is an option to receive a boost for the Chip ISA. I don't think it is possible to transfer funds away, close the ISA account and reopen with the code and transfer funds back in within the given timeframe.  Can't think of another work around but great for those not currently using a cash ISA with Chip and able to benefit from this.

The code only works for customers new to Chip for the first 14 days. 

Might as well use Trading212 - 5.10% with their Cash ISA and a free share when signing up (worth between £10 and £100).

I've got a T212 cash ISA at 5.0% (recently down from 5.20%). Do you know if i can open this account and transfer in my existing ISA? I can't find this info on either the T212 site nor the MSE comparison page. Neither can i see anything about a "free share"?

Yes you can transfer in existing ISA's elsewhere to Trading 212.

To get the free share you need to join 212 using a referral link from someone else who has an account.

edit. actually i see you already have a 212 Cash ISA, so you won't be able to get any free share.

https://helpcentre.trading212.com/hc/en-us/articles/360007291258-Invite-Your-Friends-Get-Free-Fractional-Shares

BigBlueSky

ortolickus said:

I've got a T212 cash ISA at 5.0% (recently down from 5.20%). Do you know if i can open this account and transfer in my existing ISA? I can't find this info on either the T212 site nor the MSE comparison page. Neither can i see anything about a "free share"?

They have since increased the rate on the cash ISA back up - It is now 5.10%.  It applies to existing accounts too.

pecunianonolet

The big question that remains is from when this rate was effective.

9th September 24:
Reduction from 5.2% to 5%

17th September 24:
Increase to 5.05% was showing in the morning in app and website, 5.1% was showing in the app in the evening and website stated that 5.1% is effective 16th September ("GBP rate changing to 5.10% from 16.09.2024")

18th September 24: The note about the 5.1% rate being effective from 16th Sep was removed and both, app and website now state 5.1%

I have requested clarification via chat but they are either incapable or so far unwilling to provide exact detail what rate was effective from when. Instead I was asked to provide a screenshot of the 5.1% rate being effective from 16th Sep. 

2010

Charter 1yr fix ISA down to 4.6%

pookey

So my Virgin isa matures on 24/9/24 can i set up trading 212 and set up an isa transfer? Or is it better to set up the trading 212 isa account and give Virgin the details for the transfer once it's matured please?

I'm not sure which way will be more efficient

gt94sss2

pookey said:

So my Virgin isa matures on 24/9/24 can i set up trading 212 and set up an isa transfer? Or is it better to set up the trading 212 isa account and give Virgin the details for the transfer once it's matured please?

I'm not sure which way will be more efficient

You need to inform the provider who you want the ISA transferred too who then deal/coordinate with your existing provider.

As such, open the T212 account and provide them with the details of your Virgin account once it has matured. 

With most providers you can submit the details early and select an option for them to request the ISA transfer is only completed once any fixed period has finished once but T212 don't currently offer that option.

Sussex_Green_Man

gwapenut said:

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

Where does it say postal transfers only?  Summary details say that Electronic Transfers are accepted.

https://www.themarsden.co.uk/savings/online-savings-accounts/online-cash-isa

soulsaver

Sussex_Green_Man said:

gwapenut said:

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

Where does it say postal transfers only?  Summary details say that Electronic Transfers are accepted.

https://www.themarsden.co.uk/savings/online-savings-accounts/online-cash-isa

Believe Gwapenut is talking about ISA transfers in following on from the previous quote. The  Marsden's summary comment is referring to bank transfers.