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Barclays 1 year flexible fixed rate ISA
Comments
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Rony said:Can someone please explain why this product is too good to be true? I'm quite new to this and I currently have Virgin Money Cash ISA at 3%.
I thought that you can transfer your cash isas to any other cash isas and it wouldn't use up your allowance. Why is this one special?
You can put £20k in in April 2023, but isn't that the same with all other cash isas? It's the new tax year so you are able to open up new cash isa/use existing one to add another £20k to?
Can someone elaborate why this is so good!
Thanks!
The main advantage for the 2 year, I suppose, is that if ISA rates plummet in 12 months time you can still put 20k in at 4.11%1
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