ISA newbie - Coventry Notice ISA help

carla_004

I was hoping to open one on the 6th as I only opened another ISA a few months ago ... can I d that ... ?

luv_my_brass

Seem to have found the right thread for asking:

I have no ISA's at the moment so I'm looking to buy the maximum allowed and trying to find the best return. I have found this from Coventry Building Society and would like any comments please.
60 Day Notice ISA (3)

The 60 Day Notice ISA (3) offers the perfect balance of a great tax-free^ rate on your savings combined with the peace of mind that you can access your money should you need to.

• Get a great variable rate of 2.80% tax-free^ p.a./AER*. This rate includes a 0.60% tax-free^ p.a./AER* bonus for the first year. In addition we guarantee that the AER* will be at least equal to 2.80% until 31 December 2013
• Invest from £1 up to £5,640 - this is your full cash ISA allowance for the 2012/2013 tax-year. Deposits will only be accepted into the account upto the 5 April 2013.
• Funds from previous tax year allowances cannot be paid into this account
• Penalty-free withdrawals with just 60 days' notice
• You can access your funds without giving us notice subject to a charge equal to 60 days' interest on the amount withdrawn
• Interest is paid annually on the anniversary of account opening

innovate

luv_my_brass wrote: »

I have found this from Coventry Building Society and would like any comments please.

Comments on what?

carla_004

innovate wrote: »

You can put up to £5,640 into it before 6th April 2013, in as many payments as you like.

You cannot put anything else into it afterwards.

I can't put anything in before as I just opened one ISA ... can I not just open one on the 6th ... ? = s

innovate

According to their website, you cannot make payments into the ISA after 5th April 2013. However, as you can see, someone claimed they said something different on the phone. So I suggest you call them and ask.

Jack_Griffin

From thier web-site, I've highlighted a few things to point them out

60 Day Notice ISA (3)

The 60 Day Notice ISA (3) offers the perfect balance of a great tax-free^ rate on your savings combined with the peace of mind that you can access your money should you need to.

• Get a great variable rate of 2.80% tax-free^ p.a./AER*. This rate includes a 0.60% tax-free^ p.a./AER* bonus for the first year. In addition we guarantee that the AER* will be at least equal to 2.80% until 31 December 2013
• Invest from £1 up to £5,640 - this is your full cash ISA allowance for the 2012/2013 tax-year. Deposits will only be accepted into the account upto the 5 April 2013.
• Funds from previous tax year allowances cannot be paid into this account
• Penalty-free withdrawals with just 60 days' notice
• You can access your funds without giving us notice subject to a charge equal to 60 days' interest on the amount withdrawn
• Interest is paid annually on the anniversary of account opening