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in outflows coming their way so other providers may not be able to absorb all this cash so I supect products to be withdrawn or rates to be lowered to discourage further inflows.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in outflows coming their way so other providers may not be able to absorb all this cash so I supect products to be withdrawn or rates to be lowered to discourage further inflows.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.

epm-84

poseidon1 said:

clairec666 said:

flaneurs_lobster said:

savit4l8er said:

Virgin have repeated their 4.16 rate, now issue 675.

Matures September 2026 so just over a year should that appeal to anyone. 

1 Year Fixed Rate Cash E-ISA

Fixed rate until 24 September 2026 

4.16%

I've opened this ISA. It has a sort code of 08-60-64. My existing accounts with VM (current/ISA/EA/RS) all have an 82 sort code.

Does this mean that I will need a separate login account/separate app instance to access this new ISA or will it be available with my existing account logins?

I opened a fixed-rate ISA last year which has an 08 sort code. Later opened a current account and regular saver which have 82 sort codes. Can't advise on the app as I don't use it, but for online banking via a browser I have separate login details for the two different sort codes. Very annoying.

Seems these differing sort codes are a legacy of Virgin's takeover of Clydesdale Bank and the awkward way they seem to have handled the integration of the two systems.

Be interesting to see how the next interation of integration plays out in the future, now that Nationwide are in the driving seat. I have different apps for my Virgin current accounts and credit card which are separate and distinct.

It used to be ISAs had the old Northern Rock sort code, unless they were exclusives only available to current account holders. That had some logic to it, as it prevented those with a current account getting a second login for the ISA. Although, it did mean if you already had both savings and a current account then you found your savings split between two different logins.

Archerychick

allegro120 said:

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.

We have had ISAs with Vida for a little while now, the initial experience wasn’t great but I recall that ISAs were quite new to them. We have since transferred in 2 more ISAs to them, and they have been great - proactively calling me about a rejected transfer with clear ‘this is what you need to do’ so may be worth another go!

pecunianonolet

Chip is dropping from their 4.7% offer (3 month bonus) to the below.