Best Option for One Year Fixed ISAs

DoneWorking

ashby6567 said:

DoneWorking said:

ashby6567 said:

DoneWorking said:

I currently have £85k in a standard cash
ISA with Coventry on 1.85%

I have opened a new one year fixed ISA with Coventry at 3.95%
I still have £20k to invest in an ISA for this year

Making a total of £105000 in total 
I'm thinking of doing following

Transfer £52500 into the new ISA from my current ISA 

Open another ISA in December with another Bank when interest rates get even higher

Or just transfer the £85k into my new ISA

And open a new ISA with
£20 k in Dec

I may be wrong, are part transfers allowed? I'm under the impression that the whole ISA would have to be transferred. 

Good to know that the interest rates will be even higher in December. Do you have the jackpot numbers for the next Euro Millions Lotto draw please?

Oh how we laughed at your sublime joke 

It is most likely that interest rates will go up in December if not before

And yes

Part transfers are allowed but need to be done at branch or by phone 

Seems you're easily amused then. Do you not get out much?

Lighten up

No need to get rude

DoneWorking

etienneg said:

DoneWorking said:

And yes

Part transfers are allowed but need to be done at branch or by phone 

Recently a part transfer to Coventry was completed for me, which I arranged entirely online. Why do you think it has to be done at branch or by phone?

The accounts are both with Coventry

It says part transfers not allowed online

RobinhoodSavings

I’ll be waiting for other providers to release a higher rate fixed isa. 

DoneWorking

ashby6567 said:

DoneWorking said:

etienneg said:

DoneWorking said:

And yes

Part transfers are allowed but need to be done at branch or by phone 

Recently a part transfer to Coventry was completed for me, which I arranged entirely online. Why do you think it has to be done at branch or by phone?

The accounts are both with Coventry

It says part transfers not allowed online

And you did say:-
I might just transfer the full £85k.

So you're not actually doing a part transfer.

Decided to go for a part transfer keeping some back to use with a new ISA at hopefully a higher rate in Dec