Cash ISAs: The Best Currently Available List

savit4l8er

@cricidmuslibale

Good one for back up and opened easily online, no existing facilities .
Straight forward ID check (same address for sufficient years). No need for all that phtoto ID and extra stuff to be accidentally lost/ shared or whatever even it's not kept 🙄. And even if you have to prove ID, the options are multiple and clear.

Might be useful for some who like that type old school procedure and dont want a .0?% percent more in exchange for a skin sample off the back of your neck 😂.

kjs31

pecunianonolet said:

OH just transferred from Coventry to Trading212. Transfer initiated on the 19th and completed today 24th and added to Trading212 balance. A lot quicker than last time when it took 15 days.

Yours was a bit quicker than mine. Took a week to transfer from Virgin to Trading212 but that’s a heck of a lot quicker than when I transferred from Principality to Metro last year (both blamed each other). Metro paid me compensation in the end due to the lack of info about the delay. I didn’t lose any interest but I’m not comfortable with significant sums disappearing into the abyss for weeks on end. 

john1950

There would appear to be a limit on savings income above which a self assessment tax return is required. I cannot seem to find for certain whether cash isa savings interest counts towards the limit. Does anyone know please. 

ColdIron

john1950 said:

There would appear to be a limit on savings income above which a self assessment tax return is required.

£10,000

I cannot seem to find for certain whether cash isa savings interest counts towards the limit. Does anyone know please.

ISAs are tax free so no. They are effectively invisible to HMRC

• If you complete a tax return, you do not need to declare any ISA interest, income or capital gains on it.

https://www.gov.uk/individual-savings-accounts/how-isas-work

gt94sss2

bristolleedsfan said:

Wow for ISA rate competition 

Natwest/RBS 1 Year 5.70% --------------- 2 Year  5.90%

The 1 year 5.7% ISA that NatWest/RBS offered last year matured in early September.

Can anyone tell me how they were notified by NatWest/RBS that the ISA account was about to mature? 

Taking to a family member, they say they did not receive a reminder from NatWest that this was about to happen and when I looked at their app there is no information/letter about an upcoming maturity there that I can find

winkowinko

gt94sss2 said:

bristolleedsfan said:

Wow for ISA rate competition 

Natwest/RBS 1 Year 5.70% --------------- 2 Year  5.90%

The 1 year 5.7% ISA that NatWest/RBS offered last year matured in early September.

Can anyone tell me how they were notified by NatWest/RBS that the ISA account was about to mature? 

Taking to a family member, they say they did not receive a reminder from NatWest that this was about to happen and when I looked at their app there is no information/letter about an upcoming maturity there that I can find

I received an email from them about 2 or 3 weeks before it matured.

I found the mature date easier to find by using the website (browser). It was a bit of a hassle to find, but eventually found it under something like 'documents/messages'. Basically there's a document which was issued when you first started the ISA, so SEP 2023. It says the maturity date on there.

Crag30

I had emails from them regarding maturity and where to put it after. The first I think was a month before maturity and the second a fortnight before.

gt94sss2

Thanks both. 

Yes, I can see the initial letter from September 23 when the ISA was opened.

However, my relative appears not to have any correspondence from NatWest in the month before the account reached it's maturity date - hence asking about others experiences.

cricidmuslibale

Hello everyone! Just to let you all know that yesterday (8 October) Paragon released Issue 6 of their flexible Double Access Cash ISA, paying 4.87% variable annual interest, 4.76% variable monthly interest (4.87% AER). The minimum opening deposit and minimum balance for this Double Access ISA is £1000 and it accepts transfers from Cash and/or Stocks & Shares ISAs into it. As the name of the ISA implies, these interest rates apply to the 1st two withdrawals every 12 months from the day you open the ISA; if you make three or more withdrawals within each 12 month period, the interest rates for annual and monthly interest drop to 1.50% and 1.49% respectively from your third withdrawal onwards. Please see Double Access Cash ISA | Paragon Bank for further details.

2010

cricidmuslibale said:

Hello everyone! Just to let you all know that yesterday (8 October) Paragon released Issue 6 of their flexible Double Access Cash ISA, paying 4.87% variable annual interest, 4.76% variable monthly interest (4.87% AER). The minimum opening deposit and minimum balance for this Double Access ISA is £1000 and it accepts transfers from Cash and/or Stocks & Shares ISAs into it. As the name of the ISA implies, these interest rates apply to the 1st two withdrawals every 12 months from the day you open the ISA; if you make three or more withdrawals within each 12 month period, the interest rates for annual and monthly interest drop to 1.50% and 1.49% respectively from your third withdrawal onwards. Please see Double Access Cash ISA | Paragon Bank for further details.

Does anyone know that if you have the previous issue @ 4.70%, do they upgrade you to 6 or do you have to open the new issue and transfer internally?