Transfer Cash ISAs Discussion Area

alastair_h

turnbull wrote: »

Thanks folks. Lloyds looks very good. Do they charge an exit fee though? I'm surprised they don't get any mention in Martin's ISA page

There is no exit fee for ISA's, the fixed rate ISA turns into one of their normal ISA's after a year (so you would then need to transfer it to another provider with a better interest rate).

And of course if you withdrew or transferred out before the 1 year FRISA term was complete - you would loose the 90 days interest.

bristolleedsfan

10_66 wrote: »

Fingers crossed!

Looks like the 6.25% rate is fixed for 13 months. :j


http://forums.moneysavingexpert.com/showthread.html?t=763497

http://www.abbey.com/csgs/Satellite?c=GSDetalleProducto&cid=1157695656129&idParent=1157695655413&pagename=Abbey%2FGSDetalleProducto%2FGS_DetProducto

Whilst I could be mistaken the word "variable" is only mentioned after the 13 months has ended.


Heres Guarantee of no loss of interest on transfers ins

http://www.abbey.com/csgs/Satellite?c=GSInformacion&cid=1157694140393&pagename=Abbey%2FGSInformacion%2FGS_ResumenHipotecas

Step 2:
Your existing ISA provider will be contacted on your behalf and the money requested from your account. The interest will be backdated to the day the money leaves your existing provider to ensure no loss of interest.

10_66

I keep missing the boat. I posted the application and transfer forms to Nationwide (from Barclays Tax Beater) on Saturday! I missed the Lloyds fixed, by transferring to Halifax just before Lloyds 6.50% was released. Typical!

bristolleedsfan

10_66 wrote: »

I keep missing the boat. I posted the application and transfer forms to Nationwide (from Barclays Tax Beater) on Saturday! !

Fixed Rate Isa is first time i can recall Nationwide being in Savings Best Buy Tables since it introduced the Infamous Signaway. :rotfl:

baaabbo

:mad: Kent Reliance B.S has quietly dropped its mini Cash ISA Rate to 5.76% from 01-Mar-08 without letting us customers know, so you need to change your Main ISA article details to reflect that . I am leaving Kent for pastures anew ! :A

mouche

Sorry if this is not the right place to ask this question - please redirect me if it's wrong.

I have my ISA with HSBC at 5.3%. This is not a good rate so I want to transfer it but am a bit confused. I have saved my £3000 allowance for this tax year - can I still transfer the ISA to a different bank? Or do I have to wait till the new tax year starts?

mouche

Also, I am looking for an ISA that pays interest monthly and will allow me to transfer my existing ISA savings in. Barclays won't allow me to transfer in and A&L interest is annual.

Icesave looks ok but the interest rate for monthly interest is less than for annual. Why is this? Are there any others that are better?

Baldur

mouche wrote: »

Also, I am looking for an ISA that pays interest monthly and will allow me to transfer my existing ISA savings in. Barclays won't allow me to transfer in and A&L interest is annual.

Icesave looks ok but the interest rate for monthly interest is less than for annual. Why is this?

See http://www.moneysavingexpert.com/banking/interest-rates#AER for an explanation.

mouche

Baldur wrote: »

See http://www.moneysavingexpert.com/banking/interest-rates#AER for an explanation.

Thank you!

gary396

First post so my apologies if I do it wrong!

I am investing via a Maxi ISA before the end of the current tax year and will do so again at the start of next year. This is being handled for me via an investment company that I know well and I'm quite happy with the arrangements.

However, I have two Mini cash ISAs from previous years (obviously I haven't put anything into them this year or else I know that I couldn't open the above Maxi). My question is if I do open a Maxi ISA can I still transfer one or both of my pre-existing Mini's to another provider this year (or next for that matter)?

Hope this makes sense? Thanks