Cash ISAs: The Best Currently Available List

pecunianonolet

The air is getting thinner and it's going to be more and more difficult to find providers above 4%.

Vida is an option indeed but not sure how much I trust them. There was quite som discussion a while back about their balance sheets, etc.

Also, could imagibe that CMC will have a few millions in outflows coming their way so other providers may not be able to absorb all this cash so I supect products to be withdrawn or rates to be lowered to discourage further inflows. Vida may not be able to absorb a lot of that and the question is when they last loweed their rates or if an decrease of their rate is more likely to happen within the next 1-2 weeks.

pecunianonolet

SamDude said:

pecunianonolet said:

The alternative is the 4.7% ISA at Chip, I was a customer before and the account was closed a couple of months ago so wondering if they let me back in if I sign up again with a different email address to take their 4.7% offer for 3 months. 

Has Chip reduced their rate since the BoE reduction already - or are they they also expected to reduce the 4.7% rate soon?

Chip is a tracker so will have reduced already for existing customers. 

northernstar007

shawbrook still doing 4.31% fixed for 12months

allegro120

pecunianonolet said:

The air is getting thinner and it's going to be more and more difficult to find providers above 4%.

Vida is an option indeed but not sure how much I trust them. There was quite som discussion a while back about their balance sheets, etc.

Also, could imagibe that CMC will have a few millions in outflows coming their way so other providers may not be able to absorb all this cash so I supect products to be withdrawn or rates to be lowered to discourage further inflows. Vida may not be able to absorb a lot of that and the question is when they last loweed their rates or if an decrease of their rate is more likely to happen within the next 1-2 weeks.

Vida has not announced any reductions recently.  The last drop was massive, so may be they will stick with this rate for longer?  But you never know...
I have Vida ISA with the balance of £10.08.  I opened it when the rate was 4.63%, tried to do transfers in, all failed, so I secured the account by depositing £10.  I've never attempted transfers in since, don't want to go through this again.  Their CS wasn't great when I had to deal with failed transfers.

Nick_C

gt94sss2 said:

pecunianonolet said:

Looking at the Principality ISA at 4.4% just now as it is a flexible ISA but remember that people here reported that they are slow and not participating in electronic transfers. Is this still the case?

Principality is reducing its rate to 4.2% on the 18 September and you do need to fill in a paper transfer request.

Principality implemented electronic ISA transfers in November last year.

Ch1ll1Phlakes

Nick_C said:

gt94sss2 said:

pecunianonolet said:

Looking at the Principality ISA at 4.4% just now as it is a flexible ISA but remember that people here reported that they are slow and not participating in electronic transfers. Is this still the case?

Principality is reducing its rate to 4.2% on the 18 September and you do need to fill in a paper transfer request.

Principality implemented electronic ISA transfers in November last year.

Their system might be electronic ISA transfers but their website still says you must fill out a form and submit my post. The actual transfer of funds is now probably electronic but the application does not yet seem to be. But correct me if I'm wrong.

How to transfer your ISA | Principality

gt94sss2

Nick_C said:

gt94sss2 said:

pecunianonolet said:

Looking at the Principality ISA at 4.4% just now as it is a flexible ISA but remember that people here reported that they are slow and not participating in electronic transfers. Is this still the case?

Principality is reducing its rate to 4.2% on the 18 September and you do need to fill in a paper transfer request.

Principality implemented electronic ISA transfers in November last year.

I'm in the process of transferring an ISA to Principality and the only option offered to me was to fill in a physical form and send it to them.