Cash ISAs: The Best Currently Available List

DodgerPot

Gambler said:

DodgerPot 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. 

Thanks for that info I’ve just started a transfer today into Shawbrook 1yr Fixed 

I'm transferring from Tembo so it's not electronic. Opened the account last night. 

Printed and signed the transfer form today, emailed back to Shawbrook.

Tembo emailed me this afternoon asking for approval.

Yes I’ve initiated CMC Invest to Shawbrook today. Same process as manual rather than electronic.
 Transfer form signed and emailed back to Shawbrook this afternoon. 

I didn’t know that further funding into Shawbrook Fixed is allowed next April. That’s a bonus especially as I feel interest rates are on a further downward direction. 

I’ve previously transferred into and out of Tembo and it was fairly quick and no issues. 

Hope your transfer goes smoothly 

10_66

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

Gambler

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.

ToastLady

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.

Yes that's correct, as I opened a 2 year fix with them in April, then asked if I could transfer a maturing one in July and was told no, had to be done at time of opening. Still, at least I can add new money next April which is a bonus with the way interest rates are heading.

clairec666

Another thing to note with Shawbrook is that you can only pay into one ISA with them in a tax year. I opened their 5 year fix when it was 4.12%, which looked rather good at the time. Not long after it went up to 4.25%, but I was locked in at the lower rate and couldn't open another one.

subjecttocontract

iantowelsh said:

Hi @Gambler, You can add £20k in Apr if you wish. 

Subject to any changes in the budget on 26th November. Suggestions are that the £20K limit will be reduced.

moi

Gambler said:

10_66 said:

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

I recently opened a new 5 year fix at Shawbrook. Although it says you can only transfer in an ISA from elsewhere when opening, they did allow a transfer request within 14 days of opening (by messaging them.)

Hal17

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. 

MeteredOut

subjecttocontract said:

iantowelsh said:

Hi @Gambler, You can add £20k in Apr if you wish. 

Subject to any changes in the budget on 26th November. Suggestions are that the £20K limit will be reduced.

Oh dear, has that re-appeared again? Can you provide links please?

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?