Cash ISAs: The Best Currently Available List

masonic

SFCooper said:

Transferring my Cash LISA from Tembo to Plum after the rate drop.

Just be aware that the rate is variable with a fixed bonus, and if they drop the variable part and you decide to transfer out within 12 months, you'll forfeit the bonus.

surreysaver

Nick_C said:

Many thanks for all the advice on transferring a flexible cash ISA but staying with the same provider.  I was totally unaware of the limitation on doing this. 

I've withdrawn about £7k from my Skipton Tracker ISA this year, so I need to replace this before I open the new Skipton Tracker and do the transfer.

The extra 0.1% interest isn't significant, but the fact that it is for another 12 months is.

I've got about £10k in the flexible Skipton Tracker (BOEBR - 0.25%) ISA currently, and over £20k in a Principality flexible ISA which I have not funded this year. 

So my plan is to withdraw £7k from Principality, top up Skipton, transfer Skipton to Skipton, then withdraw the £7k from the new Skipton account and pay it back into Principality. 

Does that comply with the rules? 

Can't Skipton just convert the account? That way it would retain the same account number, and therefore would be the same account, saving all the faff of moving money around.
That's what I do with Principality every year when it matures and I want to change it to a different ISA

VNX

masonic said:

SFCooper said:

Transferring my Cash LISA from Tembo to Plum after the rate drop.

Just be aware that the rate is variable with a fixed bonus, and if they drop the variable part and you decide to transfer out within 12 months, you'll forfeit the bonus.

Also with plum don’t transferred monies earn a much lower rate than new money?

sparkiemalarkie

Skipton Base rate tracker 7
Does anyone know the t&c's for this account - how long it was tracking the base rate for and the % below the base rate?

tia
sx

Kim_13

sparkiemalarkie said:

Skipton Base rate tracker 7
Does anyone know the t&c's for this account - how long it was tracking the base rate for and the % below the base rate?

tia
sx

12 months at 0.25 below, so a no brainer for most to go for Issue 8 which is 0.15% below for the same period.

Only if there is a flexible allowance outstanding or the original account was tracking for longer is there a difficult decision to be made.

masonic

VNX said:

masonic said:

SFCooper said:

Transferring my Cash LISA from Tembo to Plum after the rate drop.

Just be aware that the rate is variable with a fixed bonus, and if they drop the variable part and you decide to transfer out within 12 months, you'll forfeit the bonus.

Also with plum don’t transferred monies earn a much lower rate than new money?

Not for the LISA, but they do for the cash ISA.

sparkiemalarkie

Kim_13 said:

sparkiemalarkie said:

Skipton Base rate tracker 7
Does anyone know the t&c's for this account - how long it was tracking the base rate for and the % below the base rate?

tia
sx

12 months at 0.25 below, so a no brainer for most to go for Issue 8 which is 0.15% below for the same period.

Only if there is a flexible allowance outstanding or the original account was tracking for longer is there a difficult decision to be made.

Thanks, I was wondering if the tracker 7 was tracking for 24 months as some of the earlier ones did - and I can't find my paperwork anywhere to confirm.

sx

Kim_13

sparkiemalarkie said:

Kim_13 said:

sparkiemalarkie said:

Skipton Base rate tracker 7
Does anyone know the t&c's for this account - how long it was tracking the base rate for and the % below the base rate?

tia
sx

12 months at 0.25 below, so a no brainer for most to go for Issue 8 which is 0.15% below for the same period.

Only if there is a flexible allowance outstanding or the original account was tracking for longer is there a difficult decision to be made.

Thanks, I was wondering if the tracker 7 was tracking for 24 months as some of the earlier ones did - and I can't find my paperwork anywhere to confirm.

sx

The maturity date for any account can also be checked by logging in online or in the app. 

I can't recall seeing a 24 month version since December 2023.

flaneurs_lobster

Tembo Cash ISA

"From Thursday 19th June 2025, the rate on our Cash ISA will change from 4.8% AER to 4.64% AER (variable)"

says this email.

slinger2

flaneurs_lobster said:

Tembo Cash ISA

"From Thursday 19th June 2025, the rate on our Cash ISA will change from 4.8% AER to 4.64% AER (variable)"

says this email.

Not much notice. 2 days.