Cash ISAs: The Best Currently Available List

soulsaver

AspiringPensioner said:

Hey all, 

Not sure if this is the right place for this post but it has come about as a result of opening one of the best currently available ISAs last week, so...  

Last week I opened an Easy Access ISA with the Post Office at 4.4%. Even during the opening process I started thinking "this is all really clunky and archaic" in terms of the website, the fact I had to pay in by debit card (new money) rather than BACS and then it took days to show up etc. After reading some other comments in this thread about the PO I've decided I'd rather not be dealing with them. Thankfully I only put £500 in initially (wanted to make sure it credited first).

Would the easiest thing just be to transfer it into the other cash ISA I opened last week with a different provider (the total comes under the £20k limit), rather than trying for a cancellation with the Post Office via the 14-day cooling off period? I've never attempted to go through a cancellation and I'm not filled with confidence about their efficiency...

I'd leave it there for the duration of the rate. Their processes and customer service is what they are criticised for... but you don't need to interact with them now unless the rate becomes uncompetitive? 

AspiringPensioner

flaneurs_lobster said:

AspiringPensioner said:

Would the easiest thing just be to transfer it into the other cash ISA I opened last week with a different provider (the total comes under the £20k limit), rather than trying for a cancellation with the Post Office via the 14-day cooling off period? I've never attempted to go through a cancellation and I'm not filled with confidence about their efficiency...

I have no experience of cancelling cash ISAs opened with The Post Office (unsurprisingly) but I'd have thought that you are likely to preserve any interest earned, to-date and going forward, by transferring to the new ISA rather than cancelling.

Assumes that your preferred ISA accepts transfers in, of course.

 Thanks FL. I agree that's probably the most straightforward way, and yes the other one (Skipton Quadruple) does accept transfers in.

AspiringPensioner

soulsaver said:

AspiringPensioner said:

Hey all, 

Not sure if this is the right place for this post but it has come about as a result of opening one of the best currently available ISAs last week, so...  

Last week I opened an Easy Access ISA with the Post Office at 4.4%. Even during the opening process I started thinking "this is all really clunky and archaic" in terms of the website, the fact I had to pay in by debit card (new money) rather than BACS and then it took days to show up etc. After reading some other comments in this thread about the PO I've decided I'd rather not be dealing with them. Thankfully I only put £500 in initially (wanted to make sure it credited first).

Would the easiest thing just be to transfer it into the other cash ISA I opened last week with a different provider (the total comes under the £20k limit), rather than trying for a cancellation with the Post Office via the 14-day cooling off period? I've never attempted to go through a cancellation and I'm not filled with confidence about their efficiency...

I'd leave it there for the duration of the rate. Their processes and customer service is what they are criticised for... but you don't need to interact with them now unless the rate becomes uncompetitive? 

Hi SS, it was the Easy Access version I opened, not the Fixed Rate.  

flobbalobbalob

MichaelAP said:

flobbalobbalob said:

I can't believe I'm considering Marcus for my new money 

Why?? What have you seen?

Online Savings Account

4.30% AER/ 4.22% gross* (variable)

Includes a bonus rate of 0.49% gross* fixed for the first 12 months.

Cash ISA

4.30% AER/ 4.22% tax-free† (variable)

Includes a bonus rate of 0.49% tax-free† fixed for the first 12 months.

1 Year Fixed Rate Saver

4.15% AER/gross* (fixed) 

I just can't believe they are competitive again.

10_66

VNX said:

Zopa to chip transfer 

after sone time money has gone from Zopa 

but not appeared in chip, hopefully just slow due to the bank holiday weekend and not lost !

You mention after some time, how long approximately? I’m waiting for Zopa to Monument. OH’s Coventry to Monument took only 3 days.

flobbalobbalob

10_66 said:

VNX said:

Zopa to chip transfer 

after sone time money has gone from Zopa 

but not appeared in chip, hopefully just slow due to the bank holiday weekend and not lost !

You mention after some time, how long approximately? I’m waiting for Zopa to Monument. OH’s Coventry to Monument took only 3 days.

I'm waiting 8 days so far Zopa to Monument. I'm pretty sure it will be Zopa that's slow.

ToastLady

flobbalobbalob said:

10_66 said:

VNX said:

Zopa to chip transfer 

after sone time money has gone from Zopa 

but not appeared in chip, hopefully just slow due to the bank holiday weekend and not lost !

You mention after some time, how long approximately? I’m waiting for Zopa to Monument. OH’s Coventry to Monument took only 3 days.

I'm waiting 8 days so far Zopa to Monument. I'm pretty sure it will be Zopa that's slow.

Yes quite a few of us with slow transferrals have noted that Zopa seem to be the common factor. My transferral from Zopa to Shawbrook took 12 working days, with periodic updates from Shawbrook on progress.

londoner62

Can't be bothered with the 3 month offers; ended up with Vida at 4.63% variable without bonus!

soulsaver

AspiringPensioner said:

soulsaver said:

AspiringPensioner said:

Hey all, 

Not sure if this is the right place for this post but it has come about as a result of opening one of the best currently available ISAs last week, so...  

Last week I opened an Easy Access ISA with the Post Office at 4.4%. Even during the opening process I started thinking "this is all really clunky and archaic" in terms of the website, the fact I had to pay in by debit card (new money) rather than BACS and then it took days to show up etc. After reading some other comments in this thread about the PO I've decided I'd rather not be dealing with them. Thankfully I only put £500 in initially (wanted to make sure it credited first).

Would the easiest thing just be to transfer it into the other cash ISA I opened last week with a different provider (the total comes under the £20k limit), rather than trying for a cancellation with the Post Office via the 14-day cooling off period? I've never attempted to go through a cancellation and I'm not filled with confidence about their efficiency...

I'd leave it there for the duration of the rate. Their processes and customer service is what they are criticised for... but you don't need to interact with them now unless the rate becomes uncompetitive? 

Hi SS, it was the Easy Access version I opened, not the Fixed Rate.  

It still is the rate that you wanted and applied for? Why interfere now?

VNX

10_66 said:

VNX said:

Zopa to chip transfer 

after sone time money has gone from Zopa 

but not appeared in chip, hopefully just slow due to the bank holiday weekend and not lost !

You mention after some time, how long approximately? I’m waiting for Zopa to Monument. OH’s Coventry to Monument took only 3 days.

12/13 days 

money has left Zopa yesterday but not appeared in chip