Top Cash ISAs Discussion Area

andyhe

Something to consider if you already have one is the Natwest e-ISA assuming it was opened before 14 May 2009. If I understand correctly its paying up to 3.26% which beats the current/new instant access top buy.

However, does anyone have any idea when this 'bonus' rate will end? There doesn't seem to be any further info on the page (http : // www . natwest . com / personal / savings / g2 / isas / e-isa.ashx#tabs=section2).

Andy

BobbinAlong

3.2% on NatWest e-Isa? :rotfl:

I've just logged on and checked and they say
An Internet only account offering our best ISA rate

2.00% AER variable tax free from £0+
2.50% AER variable tax free from £30,000+

and I've had mine since Feb 2009.

At least it pays monthly interest so you can see it working.
Now to decide what to do with this year's allowance.

KTF

BobbinAlong wrote: »

3.2% on NatWest e-Isa? :rotfl:

It seems you can if you have an older account (before May 14):

£30,000+ 3.26%
£10,000 - £29,999 3.01%
£0 - £9,999 2.75%

From: http://www.natwest.com/personal/savings/g2/isas/e-isa.ashx#tabs=section2

wdyw

BobbinAlong wrote: »

3.2% on NatWest e-Isa? :rotfl:

I've just logged on and checked and they say
An Internet only account offering our best ISA rate

2.00% AER variable tax free from £0+
2.50% AER variable tax free from £30,000+

and I've had mine since Feb 2009.

At least it pays monthly interest so you can see it working.
Now to decide what to do with this year's allowance.

Maybe you should look a bit closer and note the different rates for e-ISA'a opened before 14th May 2009 and there you will see that 3.26% is correct.

System

Baldur wrote: »

When you receive the paperwork, there should be provision to delete the phrase that says something (very roughly) like "I apply to subscribe for 2009/10 and subsequent tax years" if you don't wish to subscribe new money, as you don't.

My partner and I sent identical letters, and we got different responses. Partner was told that it will be completed on/after maturity date but mine got processed immediately even though I wrote to Halifax to ensure this didn't happen. I've called them twice in the last few days but am just in a queue, and there is no email address available that I could find for them.. The letters were sent in the same envelope and treated very differently by two seperate employees..

MeanExpat

When a rate is made up of a fixed rate + a variable rate (e.g. Barclays' 3.10%) which way is the variable part likely to go in the next 12 months?

Up or down?

kad1

Hi all, can you help with this pls? I've got the Golden ISA with barclays, but want to open the flexible ISA account with A&L. I know I can do that but the A&L one says it doesnt accept cash ISA transfers. Does that mean I cant transfer the £ from my barclays ISA in there?

Nessie23

kad1 wrote: »

Hi all, can you help with this pls? I've got the Golden ISA with barclays, but want to open the flexible ISA account with A&L. I know I can do that but the A&L one says it doesnt accept cash ISA transfers. Does that mean I cant transfer the £ from my barclays ISA in there?

You can open the Flexible ISA with "new" money for the 2010/11 tax year, but as you rightly point out it does not accept transfers for previous tax years.
There are other accounts accepting transfers (see MSE's guide
http://www.moneysavingexpert.com/savings/cash-isa-transfers ) currently these accounts can give up to 2.75% interest with instant access.

Hope this helps.

Junier

Mxxxx wrote: »

Katharine
I think you may have misunderstood the rules. You can have one ISA "per tax year". Specifically you could have many ISAs by many providers as long as each is only opened 1 per year. (What HMRC are trying to avoid is splitting of allowance WITHIN any tax year). I think therefore that you have no problem - open any ISA this year that allows transfers in - and then transfer your previous years in (and filll this years allowance later too). Hope this paradigm shift helps....

If it doesn't seem clear, please ask.....

Mxxxx

Sooo if I have the following…..

2006-2007 ISA £3600
2007-2008 ISA £3600
2008-2009 ISA £3600
2009-2010 ISA £3600


[FONT=&quot]2010-2011 TFR all the old ISA account balances i.e. 2006 – 2010 into an ISA which takes transfers therefore the balance would be….. £14400 and then you can also use the tax year 2010-2011 to add another 5100 thereby bringing the total upto £19500......



[/FONT]

penarthian

My husband opened a new Principality ISA with a zero and then they are contacting his last provider (Lloyds) to transfer in the funds.