Top Cash ISAs Discussion Area

daisy1

Thank you for responding so quickly. Can I just ask you to confirm then, that if I open an ISA now with £5340 I could get the 3%ish rate for 14ish months that they are offering now. And I can also open a fresh one on Apr 6th again with £5340 and this could be new money or if allowed a transfer of one of my old ones?
Thanks for your patience.

studentsaver88

i have noticed that the natwest are doing some really good isa deals if you transfer in from external providers you get 3.6 on a 1 year fix, 3.9% on a 2 year and 4.2 on a 3 year. that beats the halifax rate martin has listed on the site.

10_66

studentsaver88 wrote: »

i have noticed that the natwest are doing some really good isa deals if you transfer in from external providers you get 3.6 on a 1 year fix, 3.9% on a 2 year and 4.2 on a 3 year. that beats the halifax rate martin has listed on the site.

Yeah, but, as discussed on another thread, you only start to earn those rates effective from 4 April 2012, you have to apply before 29 February and would only be earning 0.50% (depending on how much you transfer) from when you open until 4 April 2012.

studentsaver88

10_66 wrote: »

Yeah, but, as discussed on another thread, you only start to earn those rates effective from 4 April 2012, you have to apply before 29 February and would only be earning 0.50% (depending on how much you transfer) from when you open until 4 April 2012.

if you went for a 2 or 3 year fix you would still be better off as it is only 0.5 for the 1 month.

carolineb23

I think I already know the answer to this but I could do with some clarification. We moved our old isas to northern rock just before xmas and I have since added to mine but my husband has not. His NR isa consists solely of transferred funds. The account from which he transferred the money was opened pre april 2011 and I also don't think he has added to it since before april. Can he open a completely new isa and add 5340 to it before April? I know there is a cap on how much money can be put in per tax year but I am unsure as to how many isas can be opened (I am guessing it's one but am not sure if the Northern rock isa consisting of transferred money only counts as this one).

blueberrypie

carolineb23 wrote: »

The account from which he transferred the money was opened pre april 2011 and I also don't think he has added to it since before april. Can he open a completely new isa and add 5340 to it before April?

Yes. There is no limit on the number of ISAs you can *open* in any one tax year. The limit is on how many you can *subscribe* to. Subscribing means putting in new funds - i.e. funds which have not been transferred from another ISA.

So as long as he hasn't contributed new funds to any other ISA during the current tax year, he can do whatever he wants with his 2011-12 allowance.

flergalwit

Sorry if this has been asked before. I am thinking about taking out a 4-year fixed rate ISA at 4.4% AER with Clydesdale/Yorkshire (Issue 14). I can't post a link but it's easily available on their website.

However I can't see this listed on the best cash ISA page, which makes me wonder if I'm missing something. As far as I can tell the account is still available. Is everything in order with this or is there some hidden disadvantage that I missed?

Thanks!

flergalwit

flergalwit wrote: »

Sorry if this has been asked before. I am thinking about taking out a 4-year fixed rate ISA at 4.4% AER with Clydesdale/Yorkshire (Issue 14). I can't post a link but it's easily available on their website.

However I can't see this listed on the best cash ISA page, which makes me wonder if I'm missing something. As far as I can tell the account is still available. Is everything in order with this or is there some hidden disadvantage that I missed?

I now have an appointment in branch to open the ISA on Thursday. I'm still mildly concerned that this ISA is not listed on the Top Cash ISA page despite beating the rates there. If there is some reason I should *not* take out this ISA, please let me know.

I'm also mildly perturbed that the lady I spoke to in branch was not even aware of its existence and had to look it up on computer. It sure seems not many people take this ISA out despite its rate of 4.4%.

Having said all this, as far as I can tell it's legit. Further it apparently lets you continue to pay in after opening (up to the usual yearly limit of course), which most fixed rate savers don't.

Again if I'm missing something please let me know. Thanks!

10_66

flergalwit wrote: »

...I'm still mildly concerned that this ISA is not listed on the Top Cash ISA page despite beating the rates there. If there is some reason I should *not* take out this ISA, please let me know...

It's listed on Kazza's "Best ISA's currently available" list HERE.



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savemoney

http://www.cbonline.co.uk/personal/savings/tax-efficient-savings/cash-isa-fixed-rate-bond/

Cash ISA Fixed Rate Bond
Issue 14 - maturity date 29th January 2016

With our limited offer Cash ISA Fixed Rate Bond*, you
can earn 4.40% tax free/AER until 29th January 2016.
*subject to availability

I cant see any mention of whether you can make deposits for each year to the amount allowed tax free

can only apply branch none near me nearest is 139miles away