Cash ISAs: The Best Currently Available List

10_66

Aidanmc said:

10_66 said:

Cynergy
A few months' ago I asked Cynergy if it was possible to open a Cash ISA with them (no new money to be paid in), and then transfer previous years' Cash ISAs after it had been opened.  I was told by them that this wasn't possible and that you had to initiate the transfer in during the opening process.  However, looking at their website today it appears that you can open first and then request transfer after the account has been opened.  Can anyone confirm, please?

From Cynergy FAQ
If you wish to transfer current year subscriptions, you must do so at the point of application in full. Previous year subscriptions can be requested as partial or full transfers at application or in online banking once the account is opened.

Thanks, yes, I'd read that, I just wanted confirmation that I understood it correctly in that you can transfer previous years' in after opening.

Aidanmc

10_66 said:

Aidanmc said:

10_66 said:

Cynergy
A few months' ago I asked Cynergy if it was possible to open a Cash ISA with them (no new money to be paid in), and then transfer previous years' Cash ISAs after it had been opened.  I was told by them that this wasn't possible and that you had to initiate the transfer in during the opening process.  However, looking at their website today it appears that you can open first and then request transfer after the account has been opened.  Can anyone confirm, please?

From Cynergy FAQ
If you wish to transfer current year subscriptions, you must do so at the point of application in full. Previous year subscriptions can be requested as partial or full transfers at application or in online banking once the account is opened.

Thanks, yes, I'd read that, I just wanted confirmation that I understood it correctly in that you can transfer previous years' in after opening.

Of course. They seem to have changed the website since i had an ISA there, Under 'Fast track apply' there is an option to open a new ISA, or transfer to an existing Cynergy ISA.

intalex

10_66 said:

Shawbrook
I understand that others here have successfully transferred into existing Shawbrook fixed rate ISAs after the 14 day opening window has expired (I mentioned here a week or so ago that Shawbrook told me I couldn't do this).  Just checking to see if anyone who has tried to do this has been unsuccessful.  What I wouldn't want happening is arranging for a closure and transfer in, and then it being declined by Shawbrook.  I have one that matures next April (4.50%) and now another that matures next August (4.31%).

I asked if I could transfer in an easy access ISA to consolidate my financial affairs, but was told no. Apparently my request was sent to management but promptly declined. I imagine they'd be okay a couple of weeks past the 14 day time limit, but anything beyond that will probably be a no if market rates have moved lower.

refluxer

10_66 said:

Shawbrook
I understand that others here have successfully transferred into existing Shawbrook fixed rate ISAs after the 14 day opening window has expired (I mentioned here a week or so ago that Shawbrook told me I couldn't do this).  Just checking to see if anyone who has tried to do this has been unsuccessful.  What I wouldn't want happening is arranging for a closure and transfer in, and then it being declined by Shawbrook.  I have one that matures next April (4.50%) and now another that matures next August (4.31%).

Shawbrook state on their fixed rate cash ISA T&Cs that 'Requests to transfer funds into an account from another ISA provider must be made at the same time as your initial account application' - I've always done this, however they do appear to allow up to 14 days for this according to other comments here on this subject.

Beyond that initial 2 week window, they state that 'Transfer requests received after your initial account application may be refused' and, while there have been reports on here of people doing that in previous years, they've now stopped allowing this, which isn't too surprising as interest rates have been decreasing. This has been the case since at least the start of this year, as I know someone who asked to do this back in January and was told they couldn't.

While you can't transfer in at a later stage, you can continue to add new subscriptions throughout the duration of the fixed term which is a potential benefit that very few other fixed rate ISA providers offer.

clairec666

Just imagine, if interest rates fell off a cliff and people with £100,000+ in an ISA tried to transfer it into a Shawbrook fix. It's common sense from Shawbrook to stop people doing this, and I'm surprised they still allow new money too.

HHUK

The Vida Savings 1 Year Fixed Rate Cash ISA appears from their website no longer to be available. The 2 year version offering 4.22% pa is still there for the time being.
 
I opened and funded the 1 year version offering 4.31% pa (with the £100 minimum) on 11/09. I was hoping to transfer-in my CMC Cash ISA as part of the account opening process, but had to email the transfer authority form to Vida because CMC weren't among the providers in Vida's drop-down list of transferring providers.

I'd seen somewhere that transfers into the 1 Year Fixed Rate ISA had to be instigated at the account opening stage, so called them on 12/09 to check that the form I'd emailed was in their system and would be processed in due course. Their agent confirmed the form had been received, and that any requests received within 21 days of account opening would be accepted. (Forgot to ask if that means working days.) Am hoping that information was correct, because I have also emailed them another form requesting the transfer of my Virgin Cash ISA.

pecunianonolet

Cynergy Cash ISA at 4.35% now NLA and replaced with issue 56 at 3.9%

samtaylor99

With no rate change anticipated on Thursday I'm wondering if some rates may rise slightly after the weekend?

flobbalobbalob

It's interesting that the Chase boosted saver account at 4.75% is equivalent to an ISA at 3.8% for basic rate taxpayers. It seems ISAs are slipping backwards again.

jungleboy123

flobbalobbalob said:

It's interesting that the Chase boosted saver account at 4.75% is equivalent to an ISA at 3.8% for basic rate taxpayers. It seems ISAs are slipping backwards again.

its bad again. inflation 3.8% and ISA rates only shy above 4% and most of the good deals above 4% are gone. Does that mean the BOE will drop rates again Thursday?