Advice on ISA maturing

Crashtogether

I've got an ISA maturing end of October 2007. Its the first one ive ever had so not sure what to do now.

Its with Halifax and i put in the full £3000. They are offering me a rate at least 6.20% for the next year.

So what i don't know is...
1) if I leave my money in with the Halifax will the amount of interest i get be £3159 (for past year) + £3000 (2nd year) x 6.20%?

2) Is there a better rate than 6.2% available?

3) If i decide to open an ISA this year not with the Halifax can I transter my 2006/07 allowence over to them?

Any replies gratfeully received!!

CLAPTON

1. I don't know the specific details of Halifax ISAs but in principle yes in the second year you will earn interest on the first years capital plus the interest plus whatever you save in the second year.

2. best to check the tables for the latest rates

3. whether you can transfer your Halifax to a new ISA provider depends upon their T&Cs... again look at the tables.