Cash ISAs: The Best Currently Available List

MeteredOut

Hal17 said:

On the Shawbook 1 year fixed ISA. The interest rates shows as 4.31% annually and 4.23% monthly.

When we applied my wife and I both requested an annual account on the application.

Now that both transfers are completed and funds are in the accounts, the interest rate still shows as 4.23%. We have sent secure messages asking for the rate to be adjusted. It might be worth checking if you have just opened a Shawbrook ISA. 

Is it saying they are going to pay you monthly even though you asked for annually? Or is it saying 4.23% annually?

Hal17

MeteredOut said:

Hal17 said:

On the Shawbook 1 year fixed ISA. The interest rates shows as 4.31% annually and 4.23% monthly.

When we applied my wife and I both requested an annual account on the application.

Now that both transfers are completed and funds are in the accounts, the interest rate still shows as 4.23%. We have sent secure messages asking for the rate to be adjusted. It might be worth checking if you have just opened a Shawbrook ISA. 

Is it saying they are going to pay you monthly even though you asked for annually? Or is it saying 4.23% annually?

I'm not sure, there is no mention of monthly or annual. It says Gross Interest Rate as 4.23%. Will wait for their reply.

Archerychick

Growingold said:

Archerychick said:

Russ66 said:

Vida rates dropping next week on some products according to website.

Thanks for the heads up, I haven’t had any notification from them so maybe it doesn’t affect the existing accounts. 

No notification either.  According to their T & C's they should give at least 14 days notice of interest rate reductions

VIDA

Looks like they’ve retired the previous issues, I have issue 1 easy access which is at the previous rate and issue 3 is now live on their website at 4.05%. I haven’t had any notification of a rate reduction still so issue 1 is holding for now ☺️

MeteredOut

Hal17 said:

MeteredOut said:

Hal17 said:

On the Shawbook 1 year fixed ISA. The interest rates shows as 4.31% annually and 4.23% monthly.

When we applied my wife and I both requested an annual account on the application.

Now that both transfers are completed and funds are in the accounts, the interest rate still shows as 4.23%. We have sent secure messages asking for the rate to be adjusted. It might be worth checking if you have just opened a Shawbrook ISA. 

Is it saying they are going to pay you monthly even though you asked for annually? Or is it saying 4.23% annually?

I'm not sure, there is no mention of monthly or annual. It says Gross Interest Rate as 4.23%. Will wait for their reply.

It could just be they're displaying the monthly interest rate even if they do pay you annually, though ideally it would state that.

friolento

Gambler said:

10_66 said:

iantowelsh said:

Hi @Gambler, as this is your 1st fixed ISA, Shawbrook allow you to add new money during the fixed period. You can add £20k in Apr if you wish. 

I wish I’d pursued this with Shawbrook. I opened a fixed rate Cash ISA with them in April and when I contacted them last month, before I opened a second one with them, I asked if I could add to my existing one and they said I couldn’t (they were both transfers in from previous years’).  My newest one was, of course, at a lower rate

I believe you can add new money but transfers have to be done when you apply to open the account.

I have just transferred into an existing Shawbrook fixed term. This is the second time I have done this, two different ISAs. You can't do this online, you need to ask them and they'll send you a transfer form to fill in. My most recent transfer was completed in 3 working days.

10_66

friolento said:

Gambler said:

10_66 said:

iantowelsh said:

Hi @Gambler, as this is your 1st fixed ISA, Shawbrook allow you to add new money during the fixed period. You can add £20k in Apr if you wish. 

I wish I’d pursued this with Shawbrook. I opened a fixed rate Cash ISA with them in April and when I contacted them last month, before I opened a second one with them, I asked if I could add to my existing one and they said I couldn’t (they were both transfers in from previous years’).  My newest one was, of course, at a lower rate

I believe you can add new money but transfers have to be done when you apply to open the account.

I have just transferred into an existing Shawbrook fixed term. This is the second time I have done this, two different ISAs. You can't do this online, you need to ask them and they'll send you a transfer form to fill in. My most recent transfer was completed in 3 working days.

Was this after 14 days from the account opening, please, (as mentioned earlier today by @moi?  If so, I'm really annoyed with Shawbrook as I specifically asked them this at the time.

moi

10_66 said:

friolento said:

Gambler said:

10_66 said:

iantowelsh said:

Hi @Gambler, as this is your 1st fixed ISA, Shawbrook allow you to add new money during the fixed period. You can add £20k in Apr if you wish. 

I wish I’d pursued this with Shawbrook. I opened a fixed rate Cash ISA with them in April and when I contacted them last month, before I opened a second one with them, I asked if I could add to my existing one and they said I couldn’t (they were both transfers in from previous years’).  My newest one was, of course, at a lower rate

I believe you can add new money but transfers have to be done when you apply to open the account.

I have just transferred into an existing Shawbrook fixed term. This is the second time I have done this, two different ISAs. You can't do this online, you need to ask them and they'll send you a transfer form to fill in. My most recent transfer was completed in 3 working days.

Was this after 14 days from the account opening, please, (as mentioned earlier today by @moi?  If so, I'm really annoyed with Shawbrook as I specifically asked them this at the time.

I'll add that I specifically asked about the wording "Transfer requests received after your initial account application may be refused," which I'd seen discussed on here. That was when they said I could message within 14 days of applying.

friolento

10_66 said:

friolento said:

Gambler said:

10_66 said:

iantowelsh said:

Hi @Gambler, as this is your 1st fixed ISA, Shawbrook allow you to add new money during the fixed period. You can add £20k in Apr if you wish. 

I wish I’d pursued this with Shawbrook. I opened a fixed rate Cash ISA with them in April and when I contacted them last month, before I opened a second one with them, I asked if I could add to my existing one and they said I couldn’t (they were both transfers in from previous years’).  My newest one was, of course, at a lower rate

I believe you can add new money but transfers have to be done when you apply to open the account.

I have just transferred into an existing Shawbrook fixed term. This is the second time I have done this, two different ISAs. You can't do this online, you need to ask them and they'll send you a transfer form to fill in. My most recent transfer was completed in 3 working days.

Was this after 14 days from the account opening, please, (as mentioned earlier today by @moi?  If so, I'm really annoyed with Shawbrook as I specifically asked them this at the time.

it's an account I had for a year and a bit. I suspect they assess each request on its own merits

DealSeeker11

moi said:

10_66 said:

friolento said:

Gambler said:

10_66 said:

iantowelsh said:

Hi @Gambler, as this is your 1st fixed ISA, Shawbrook allow you to add new money during the fixed period. You can add £20k in Apr if you wish. 

I wish I’d pursued this with Shawbrook. I opened a fixed rate Cash ISA with them in April and when I contacted them last month, before I opened a second one with them, I asked if I could add to my existing one and they said I couldn’t (they were both transfers in from previous years’).  My newest one was, of course, at a lower rate

I believe you can add new money but transfers have to be done when you apply to open the account.

I have just transferred into an existing Shawbrook fixed term. This is the second time I have done this, two different ISAs. You can't do this online, you need to ask them and they'll send you a transfer form to fill in. My most recent transfer was completed in 3 working days.

Was this after 14 days from the account opening, please, (as mentioned earlier today by @moi?  If so, I'm really annoyed with Shawbrook as I specifically asked them this at the time.

I'll add that I specifically asked about the wording "Transfer requests received after your initial account application may be refused," which I'd seen discussed on here. That was when they said I could message within 14 days of applying.

I have also transferred in my 2 ISAs from Tembo & CMC to Shawbrook recently. Since Tembo isn't a bank and doesn't appear on their provider transfer list, they advised me to just open the ISA account first, then ask them for a transfer form to fill out and submit by email. I did that for both Tembo and CMC separately, both went smoothly. 

From opening the account to completion it took 3 days.

Hal17

MeteredOut said:

Hal17 said:

MeteredOut said:

Hal17 said:

On the Shawbook 1 year fixed ISA. The interest rates shows as 4.31% annually and 4.23% monthly.

When we applied my wife and I both requested an annual account on the application.

Now that both transfers are completed and funds are in the accounts, the interest rate still shows as 4.23%. We have sent secure messages asking for the rate to be adjusted. It might be worth checking if you have just opened a Shawbrook ISA. 

Is it saying they are going to pay you monthly even though you asked for annually? Or is it saying 4.23% annually?

I'm not sure, there is no mention of monthly or annual. It says Gross Interest Rate as 4.23%. Will wait for their reply.

It could just be they're displaying the monthly interest rate even if they do pay you annually, though ideally it would state that.

I am pleased to confirm that Shawbrook have amended my ISA account to show the annual interest rate of 4.31%. Glad I checked.