Ford Money - Interest Reduction

Hal17

Just received notification that Ford Money are reducing the rate on their Flexible Cash ISA from 4.04% to 3.79% on the 12th February.

Have been really happy with how easy and quick it's been to withdraw and replace funds. Same day payment if requested before 1.00 pm. Might to look for a better interest rate.

Adonis555

I have received the same email, the ones with better rates tend to have a bonus for the first year so you have to keep swopping them.

Probably worth it if you have a good amount saved in your ISA.

surreysaver

I've found Ford change their interest rate less frequently than others, and they tend to be at or higher than most.

Before changing ISAs I'd probably let things settle - you'll only move your money to find your new provider puts their rates down

Growingold

https://forums.moneysavingexpert.com/discussion/6652774/ford-money-interest-reduction

Tembo Instant Access Cash ISA is 4.00% for now including top up and is flexible too. If like there ord savings accounts withdrawals should be instantaneous and top up can be renewed after 12 months.

d500c2

https://forums.moneysavingexpert.com/discussion/comment/81863068#Comment_81863068

Down to 3.8% now, so just 0.01% above Ford…

clairec666

https://forums.moneysavingexpert.com/discussion/comment/81878716#Comment_81878716

Also worth mentioning that Tembo ISAs are not flexible

Growingold

Tandem Instant Access ISA is still 4%, includes a top up rate of 0.25% and is flexible. Can have more than one, can name them too.