Top Cash ISAs Discussion Area

purplestar133

National Counties BS is about to withdraw their Guaranteed ISA 08/09 (paying 6.26%), from w.e.f. 28th May 2008.

catlou

Am I missing something. ................or does this seem like a good deal??

http://www.hsbc.co.uk/1/2/personal/savings/cash-e-isa;jsessionid=0000gaPXauDFPpul3TtINMU_s7h:11j71fovq

I dont think it has a 1 years bonus rate like some of the others?

It just seem strange that Martin has not mentioned it in his article? I am just wondering what the catch is!! I can't seem to see anything about withdrawals?

Any feedback appreicated - Thanks!

LittleVoice

catlou wrote: »

Am I missing something. ................or does this seem like a good deal??

http://www.hsbc.co.uk/1/2/personal/savings/cash-e-isa;jsessionid=0000gaPXauDFPpul3TtINMU_s7h:11j71fovq

I dont think it has a 1 years bonus rate like some of the others?

It just seem strange that Martin has not mentioned it in his article? I am just wondering what the catch is!! I can't seem to see anything about withdrawals?

Any feedback appreicated - Thanks!

Read the T&C you can download from here - http://www.hsbc.co.uk/1/2/personal/savings/cash-e-isa/apply;jsessionid=0000TBZDaqbzWRLaGxrSeE4s_Wq:12ntf0lqs

Transfers out and withdrawals are covered in section 8.

Tyx

A question from a newbie to this great site. I already have a cash ISA with Natwest (my current account bank), I opened it last year. Since I hadn't found out about different options with ISAs until very recently, I made the mistake of opening a second e-ISA with Natwest, and *then* found out that their interest rate is really bad compared to other providers. Am I now obliged to stay with them until next year, since I cannot open 2 ISAs in one year? Since I haven't transfered any money in, can I close this one and then open a new one with someone else? What are my options? I basically wanted to move the old ISA money to a new ISA with a better interest (the e-ISA does have a better interest but still bad). Am I now stuck with Natwest for one more tax year?

Thanks in advance for your replies

10_66

You can transfer your existing ISAs to another provider/s as long as you choose one that permits transfers in. Make sure your existing ISA doesn't incur any penalties for making withdrawals. Don't close the account yourself, you need to arrange the transfer through the new provider, who will provide you with a transfer form for completion if requested. You need to return this along with the application form to the new provider. Links attached for best ISA interest rates.

http://www.moneysupermarket.com/Savings/Default.asp?p=0

http://www.moneyfacts.co.uk/savings/bestbuys/default.aspx

http://forums.moneysavingexpert.com/showthread.html?t=401374

[Deleted User]

Posted this a while back but no reply..so will try again..
Does anyone know about A&Ls 10% ISA.I haven't seen it mentioned on the website or the forum and I'm not sure why this is? As far as I am aware if you open a premier current account and fund it with £500 a month you can put £3,600 in this ISA at 10%(bonus rate) for a year.Does anyone know of any draw backs or mis-leadings?Thanks

david7

National counties have stopped doing there isa now, over subscribed as of yesterday :O(

mutty_hc

hi guys,

im new to this ISA stuff, but I want to put some money in one. I'm with nationwide currently as my bank, they have a fixed rate isa but you can only put 1 lump sum in for the year, however i want to put a smaller amount in then add to it to the 3,000.

with this in mind, what for me would be the best isa with the best rate to get for the next year or so?

thanks.

Baldur

mutty_hc wrote: »

im new to this ISA stuff, but I want to put some money in one. I'm with nationwide currently as my bank, they have a fixed rate isa but you can only put 1 lump sum in for the year, however i want to put a smaller amount in then add to it to the 3,000.

with this in mind, what for me would be the best isa with the best rate to get for the next year or so?

Suggest that you read though this post, which was last updated on 23rd May, also see here. The Cash ISA allowance has risen this year & is now £3,600, rather than £3,000.

HF2300

dotcottondotcom wrote: »

Posted this a while back but no reply..so will try again..
Does anyone know about A&Ls 10% ISA.I haven't seen it mentioned on the website or the forum and I'm not sure why this is? As far as I am aware if you open a premier current account and fund it with £500 a month you can put £3,600 in this ISA at 10%(bonus rate) for a year.Does anyone know of any draw backs or mis-leadings?Thanks

It seems with these very high rate savings accounts there are always catches. In the case of the A&L and Abbey 10% accounts, the make you open a (not all that attractive) £5k (A&L) or 3 year (Abbey) investment product at the same time, and I think A&L at least demand you have their current account.