Matured 1 year fixed ISA gone into easy access ISA whilst waiting for a decent 1 year fixed ISA

66 Posts

Good evening,
So, my 1 year fixed cash ISA with Charter (0.51%) recently matured on 06/04/22, and automatically went into their easy access cash ISA, ready for me to transfer when hopefully a 1.5% one year fixed rate ISA appears.
I've 60K in total from previous ISAs so with 20K from this year I'm looking to put 80K into a new one year fixed ISA (with monthly interest if possible)
As my previous fixed rate ISA with Charter had the interest paid monthly into my nominated account, will the same happen now it's changed to a easy access cash ISA? Can't seem to find this information from the Charter website.
Thanks
So, my 1 year fixed cash ISA with Charter (0.51%) recently matured on 06/04/22, and automatically went into their easy access cash ISA, ready for me to transfer when hopefully a 1.5% one year fixed rate ISA appears.
I've 60K in total from previous ISAs so with 20K from this year I'm looking to put 80K into a new one year fixed ISA (with monthly interest if possible)
As my previous fixed rate ISA with Charter had the interest paid monthly into my nominated account, will the same happen now it's changed to a easy access cash ISA? Can't seem to find this information from the Charter website.
Thanks
0
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£1786.02 - £1000 tax free. £786.02 - 20% tax = £628.81. So £1628.81 after tax.
Depending on your earnings you can get even more savings allowance.
https://www.gov.uk/apply-tax-free-interest-on-savings