Likely to be better rates for ISA in new year ?

kph100

HI
I have a cash ISA with Halifax at 3% dropping on 11th April to .25%
Also have an ISA with santander just transferred this to the 2.5% Isa.

Thinking that I should tfr the Halifax one into the Santander one and amalgamate the two , but also wonder if there is likely to be any better rates after 6th April, or would all rates be out there by now ?

Thanks.

osaddict

I'm wondering the same thing as it goes, if I were to open the Santander one now, and transfer across and then fund say next week, I assume if a better deal comes out I could transfer? Not overly sure though...

Nine_Lives

Personally i would leave it & transfer your Halifax on 11th April. That's just me & what I personally would do though.

innovate

osaddict wrote: »

I'm wondering the same thing as it goes, if I were to open the Santander one now, and transfer across and then fund say next week, I assume if a better deal comes out I could transfer? Not overly sure though...

If - and that is an enormously big 'if' IMO - there are any better rates on April 11, you could always transfer again on April 11. A no-lose situation - transfer now, be happy on April 11, or transfer again if you aren't happy.

Porcupine

A colleague has been told by Nationwide there will be an offer for Nationwide current account holders (along the lines of their 'high rate for first 2.5K' current account deal, but for ISAs), though I don't have details. It might well be 'new money only'.

badger09

Porcupine wrote: »

A colleague has been told by Nationwide there will be an offer for Nationwide current account holders (along the lines of their 'high rate for first 2.5K' current account deal, but for ISAs), though I don't have details. It might well be 'new money only'.

Other posters have mentioned this rumour.

If its for 'new money only' I wonder if they'll get their T&C right this time