Cash ISAs: The Best Currently Available List

darren72

Does anyone know if Monument allow transfer-ins from Aldermore ?

A few others I've tried don't accept it.

VNX

Gambler said:

PowerSavingMode said:

VNX said:

Having been nonplus about the three month bonus rates up to now, currently having my emergency fund/easy access money with ZOPA at 4.5% 

I have decided today to move this 20k ish to CHIP for their 5.9% bonus rate for three months and I’ll see what’s what mid July and decide what to do with my money then 

All was very easy to open the CHIP ISA and add bonus and initiate the transfer 

I dilly-dallied and missed the boat, as I think Chip withdrew it today (ironically, I went to open it today). That'll teach me.

I downloaded the app yesterday but didn't complete the transfer request as NatWest would not let me transfer more than £20K 😤

Anyway I've just applied the promo code. Promotion expires 24 April so you could still try?

Could anybody confirm when the 5.9% expires please?

Is it 90 days from your first deposit or 90 days from when you apply promo code?

I think it’s 14 days from when you applied the code

flobbalobbalob

darren72 said:

Does anyone know if Monument allow transfer-ins from Aldermore ?

A few others I've tried don't accept it.

Aldemore is on the pick list to transfer in the latest App update. When I transferred earlier today on an old version of the app I just had to type in my ISA bank name. You can open an account with £0 and have a look around. 

nomorekids

With Monument does anyone know what happens if you need to transfer more than one ISA to make up the £10000? Only one ISA at a time for transferring is the rule but this means the account would be open with less than the 10K minimum?   How long do you have to get the transfers in?

TheBanker

where_are_we said:

Monument ISA now allowing transfers in. This makes it my most favoured 25-26 flexible Cash ISA at the moment.

Downside is the minimum balance of £10,000. This means if I deposit £15,000 I can withdraw a maximum of £5000 over the 25-26 year before replacing it at the end of the tax year. 

 "Your Easy Access Cash ISA must not be, and is not designed to be, used for day-to-day transactions,
such as paying bills, regularly moving money between other savings accounts and your Linked
Account"

The above is from their T&C`s - slightly concerning, as at times I would move money frequently from my Flexible Cash ISA to my linked bank account and then on to savings accounts.

I have never seen a possibly restrictive clause like this before.

There is a 30 day window to fund the ISA. Will there be better ISA offers soon (I dislike the 3 month bonus offers and anyway I am not a new customer) - I have my doubts.

I'm not expecting to see better ISA offers soon, the general expectation seems to be for a rate cut when the Bank of England meet next month.

That term is unusual - especially for a Flexible ISA. Like you I tend to use my Cash ISA as an instant access savings account during the early part of the year. Once it's full I then leave it alone and use non-ISA accounts to hold surplus cash... I wonder how they define 'regularly', and why they've bothered to make the ISA flexible if they don't want people to use the flexibility?

flobbalobbalob

nomorekids said:

With Monument does anyone know what happens if you need to transfer more than one ISA to make up the £10000? Only one ISA at a time for transferring is the rule but this means the account would be open with less than the 10K minimum?   How long do you have to get the transfers in?

You have 30 days to make your initial deposit £1 to keep the account open. You have 2 months to achieve the £10,000 . The relevent terms quote

If the total balance in your Monument Savings Account(s) falls below the relevant minimum limit, we may contact you and provide you with a reasonable period to add funds to your Monument Savings Account(s). If the total balance in your Monument Savings Account(s) remains below the relevant limit, we may provide you with no less than 2 months’ notice before we close your Monument Savings Account(s). Before taking any action to close your Easy Access Cash ISA for failing to maintain any minimum balance limit, we’ll remind you of the ability to transfer the funds in your account to another ISA provider so that you do not lose the tax benefit on the affected subscription(s). We’ll always pay you interest that has accrued on your savings up to the date we close your Monument Savings Account(s).

pecunianonolet

Kent Reliance Cash ISA - Easy Access - Issue 56 now  with a slight rate reduction to 4.51% (previous rate 4.56%)

Charter Savings BankEasy Access Cash ISA - Issue 57 now available at 4.59%

sammy_zammy

Shawbrook and Kent Reliance longer-term fixed rate ISAs are back now. Rates still a bit naff though

northernstar007

it looks like a few on here jumping onto monument (4.76%)

Noodlles

This is really useful. Any thoughts on 1 year fixed rate cash ISA versus variable rate. Wondering with current global issues if the fixed rate is a better option, even though published 0.8% lower than current variable rate.