Cash ISAs: The Best Currently Available List

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?

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.