New ISA time or carry on Trading 212 4.1%

maximise

Hi all, taking a breather indoors from being out and about in hot weather, to look at finances,

looking at best ISA options for the 2025/2026 tax year

- already got a LISA with HL which I'll put £4k into, leaving £16k remaining in this years allowance.

- already got Trading 212 ISA from 2024/2025 tax year, circa £15k currently earning 4.10% AER


should I open a new ISA for 2025/2026, any recommendations? and keep the Trading 212 going?

or is there an ISA which allows transfers in for higher than the 4.10% AER offered in Trading 212.


Many thanks 

clairec666

You can get higher than Trading 212's 4.1% - a quick search for "best cash ISA rates" will reveal a few.

Worth looking at Skipton's base rate tracker, which is currently at 4.1% but is guaranteed to stay 0.15% below the base rate for 12 months. Trading 212 have had a lot of rate drops in the past few months, Skipton is likely to be more consistent and won't surprise you with any sudden drops.

VNX

https://moneyfactscompare.co.uk/isa/easy-access-cash-isas/?quick-links-first=false&product-favorites-first=false&sort-order=AER&sort-order-text=Rate

wiseonesomeofthetime

I went with Principality's 5 access cash ISA, currently at 4.25%

Transfer from Trading 212 took the full 15 working days.

PCulbert1

Re Trading 212 interest rate, just got a notification that they are changing the policy for my Cash ISA so that from August it will be following the BoE Base Rate -0.15% which means my interest rate will drop from 4.38% to 4.1 next month. Like many other providers theyre still giving a better rate to new customers. I had been with Chase and they did the same - continually dropping your interest rate from an initial high of 5%. 

If it goes below 4% and others are offering better, Ill be moving again.

clairec666

PCulbert1 said:

Re Trading 212 interest rate, just got a notification that they are changing the policy for my Cash ISA so that from August it will be following the BoE Base Rate -0.15% which means my interest rate will drop from 4.38% to 4.1 next month. Like many other providers theyre still giving a better rate to new customers. I had been with Chase and they did the same - continually dropping your interest rate from an initial high of 5%. 

If it goes below 4% and others are offering better, Ill be moving again.

Their underlying rate is 4.1% at the moment, so nothing should change. I assume that anyone who's got a bonus will still get that on top of the 4.1%. I've still got a 0.22% bonus until next February.

SFCooper

Chip 4.33%

FLAMPARD

What information do I have to give the new provider when transferring from trading 212 to the new provider (marsden bs) I understand this can be tricky

slinger2

FLAMPARD said:

What information do I have to give the new provider when transferring from trading 212 to the new provider (marsden bs) I understand this can be tricky

You'll need your "Cash ISA Account ID" (assuming you're transferring a cash ISA).

Catplan

wiseonesomeofthetime said:

I went with Principality's 5 access cash ISA, currently at 4.25%

Transfer from Trading 212 took the full 15 working days.

Which you can transfer to issue 5 at 4,4% now

Simavon

Ford Money allow transfers in, currently pay 4.35%, and it's a flexible ISA. I am currently in the process of transferring some funds from Trading 212.