Top Cash ISAs Discussion Area

Consumerist

bobblebob wrote: »

Will the ISA interest be paid in tomrrow seeing as the 5th was a Saturday?

It's usually on the anniversary of the opening date (or next working day) or on a fixed date each year. For fixed-rates it will be at the maturity date,

bobblebob

Mine is paid on the 5th April, but im assuming they dont pay interest on a Saturday (or doesnt show on your account anyway)

Consumerist

bobblebob wrote: »

Mine is paid on the 5th April, but im assuming they dont pay interest on a Saturday (or doesnt show on your account anyway)

In that case it will probably be paid (midnight) tomorrow. i.e available to withdraw on Tuesday.

typistretired

melbury wrote: »

I don't have an ISA with Coventry, but I do have a different savings account with them. Do you think this would allow me to move my ISA to them? Just clutching at straws:)

Sorry the answer is NO it has to be a ISA

Cuidadosa

Hi All!

I've transfered my Santander ISA into their newest 14/15 ISA to bump up the rate. Now, I've seen the Nationwide Regular Saver ISA and my question is can I open that one?
My understanding is that the Santander one doesn't have any 'new money' in it so it doesn't count as if I've opened an ISA this year yet and I'm allowed to open the Nationwide one. Is this right? I'm asking because when I moved the Santander one yesterday, one of the things I had to agree to was 'I haven't opened another ISA this year'... But maybe that's only applicable if I add new money to it?

NikkyWikky

Hi

I need to put my new tax allowance into an ISA. I currently have an ISA with first direct which is paying 2.0% (need to check if this is gonna drop). I was wondering whether to put my new allowance into this 2.0% and then in July top it up to meet the max 15k allowance. Alternatively is it better to open the Nationwide 2.5% account. Can you transfer the nationwide account later on this year?

Thanks Nik

ceejayblue

I've got that First Direct Account and I've been wondering the same. Need to look at the Nationwide one.

KTF

NikkyWikky wrote: »

Hi

I need to put my new tax allowance into an ISA. I currently have an ISA with first direct which is paying 2.0% (need to check if this is gonna drop). I was wondering whether to put my new allowance into this 2.0% and then in July top it up to meet the max 15k allowance. Alternatively is it better to open the Nationwide 2.5% account. Can you transfer the nationwide account later on this year?

Thanks Nik

The Nationwide 'regular saver' that isnt ISA does not allow transfers in but you could drip feed it as £1250 per month chunks and then top up to 15k in March when the £1250 per month limit is removed.

ceejayblue

No need to top up in March 2015 because £1250 x 12 is surely £15K?

KTF

Yes but as you dont have to pay in every month once its opened (using the £1 opening deposit), you could put your allowance in the various high interest current accounts then stick it all in the ISA in March as one lump sum once the £1250 limit is removed.