Trading 212 ISA

smithyn

Hi,

I am looking at trading 212 ISA with 5.2%.

I assume this is variable and can be changed at any time?

 

Assuming they get SONIA rate, this has now dropped from 5.2% to 4.95% as of 01.08

Is it likely that they drop the rate? Dont want to bother in transferring over if so as I have fixed 5% till end of this year...

Any thoughts?

Aidanmc

smithyn said:

Hi,

I am looking at trading 212 ISA with 5.2%.

I assume this is variable and can be changed at any time?

 

Assuming they get SONIA rate, this has now dropped from 5.2% to 4.95% as of 01.08

Is it likely that they drop the rate? Dont want to bother in transferring over if so as I have fixed 5% till end of this year...

Any thoughts?

Yeah, rate is variable and Trading 212 can give only 1 day notice of any rate change by their terms.

I would imagine the 5.2% will be cut soon.