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Progressive 2yr ISA Fixed paying 4.1%

35har1old
35har1old Posts: 1,759 Forumite
1,000 Posts Second Anniversary Name Dropper
edited 12 May at 12:03PM in ISAs & tax-free savings
Might be of interest to ones that have ISAs maturing later in the year.
Open with £500 can then be funded by transfer or further cash deposits anytime in the tax year.
No limit to transfers
Branch or post application (passbook) not visible online account
To view on a phone go to ISA'S scroll to 1yr fixed than flick left to right to view


Comments

  • Growingold
    Growingold Posts: 437 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    35har1old said:
    Might be of interest to ones that have ISAs maturing later in the year.
    Open with £500 can then be funded by transfer or further cash deposits anytime in the tax year.
    No limit to transfers
    Branch or post application (passbook) not visible online account
    To view on a phone go to ISA'S scroll to 1yr fixed than flick left to right to view


    Conflicting info given in the Says 'There is a minimum lodgement of £1 required to open an ISA bond'
    Yet in the summary as you rightly said 
    'There is a minimum lodgement of £500 required to open an ISA bond.'
    Wonder which one is correct 
  • 35har1old
    35har1old Posts: 1,759 Forumite
    1,000 Posts Second Anniversary Name Dropper
    35har1old said:
    Might be of interest to ones that have ISAs maturing later in the year.
    Open with £500 can then be funded by transfer or further cash deposits anytime in the tax year.
    No limit to transfers
    Branch or post application (passbook) not visible online account
    To view on a phone go to ISA'S scroll to 1yr fixed than flick left to right to view


    Conflicting info given in the Says 'There is a minimum lodgement of £1 required to open an ISA bond'
    Yet in the summary as you rightly said 
    'There is a minimum lodgement of £500 required to open an ISA bond.'
    Wonder which one is correct 
    I think I would go with the £1
  • 35har1old
    35har1old Posts: 1,759 Forumite
    1,000 Posts Second Anniversary Name Dropper
    35har1old said:
    35har1old said:
    Might be of interest to ones that have ISAs maturing later in the year.
    Open with £500 can then be funded by transfer or further cash deposits anytime in the tax year.
    No limit to transfers
    Branch or post application (passbook) not visible online account
    To view on a phone go to ISA'S scroll to 1yr fixed than flick left to right to view


    Conflicting info given in the Says 'There is a minimum lodgement of £1 required to open an ISA bond'
    Yet in the summary as you rightly said 
    'There is a minimum lodgement of £500 required to open an ISA bond.'
    Wonder which one is correct 
    I think I would go with the £1
    On the 2yr bond the £500 has be reduce to £1
  • Growingold
    Growingold Posts: 437 Forumite
    Sixth Anniversary 100 Posts Name Dropper
    35har1old said:
    35har1old said:
    35har1old said:
    Might be of interest to ones that have ISAs maturing later in the year.
    Open with £500 can then be funded by transfer or further cash deposits anytime in the tax year.
    No limit to transfers
    Branch or post application (passbook) not visible online account
    To view on a phone go to ISA'S scroll to 1yr fixed than flick left to right to view


    Conflicting info given in the Says 'There is a minimum lodgement of £1 required to open an ISA bond'
    Yet in the summary as you rightly said 
    'There is a minimum lodgement of £500 required to open an ISA bond.'
    Wonder which one is correct 
    I think I would go with the £1
    On the 2yr bond the £500 has be reduce to £1
    Yes I messaged them this morning and they have just replied see below   
                                                                                                                                                                                                                                 Thank you for your enquiry.

     The 2 Year Fixed Rate ISA Bond minimum lodgement is £1.

    This was recently updated from £500, and we have missed this in the summary box.

    Our website has now been updated.

    Thank you for bringing this to our attention, and I apologise for the confusion.

     If there is anything else we can help you with, please let us know!



  • soulsaver
    soulsaver Posts: 6,512 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    edited Today at 12:03AM
    35har1old said:
    Might be of interest to ones that have ISAs maturing later in the year.
    Open with £500 can then be funded by transfer or further cash deposits anytime in the tax year.
    No limit to transfers
    Branch or post application (passbook) not visible online account
    To view on a phone go to ISA'S scroll to 1yr fixed than flick left to right to view



    2-year-fixed-rate-bond-iss-23-summary-box-and-ts-cs.pdf

    Where do you think it says you can add throughout the FY/term? 'Cos the bit below doesn't seem to say that?

     Lodgements
     • while the issue is open you can lodge additional amounts into your bond by cash, cheque or electronic transfer.
     • Section 4 of the Savings General Terms and Conditions provides more information for these options;
     • you cannot make additional lodgements to a bond after the issue has closed
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