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Best fixed one year rate ISA advice please

sec79
Posts: 351 Forumite


Hi all
I'm trying to work out which ISA to transfer this years £3k allowance into. I want to move it into a one year fixed rate account, without incurring any penalties for transferring the ISA for the following tax year, and have the interest paid when the isa ends next April.
The best I can find so far is Nationwide at 6.15%, but it says the account could be withdrawn before your money has transferred in - it will only be open for a limited time, and in the small print mentions about charging you for moving the isa after the 1 year term ends. The next best one then seems to be Northern Rock.
Are there are deals which I have not come across?
Thanks
I'm trying to work out which ISA to transfer this years £3k allowance into. I want to move it into a one year fixed rate account, without incurring any penalties for transferring the ISA for the following tax year, and have the interest paid when the isa ends next April.
The best I can find so far is Nationwide at 6.15%, but it says the account could be withdrawn before your money has transferred in - it will only be open for a limited time, and in the small print mentions about charging you for moving the isa after the 1 year term ends. The next best one then seems to be Northern Rock.
Are there are deals which I have not come across?
Thanks
0
Comments
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"and in the small print mentions about charging you for moving the isa after the 1 year term ends"
You sure about this... I've just opened one of these up.0 -
Bradford & Bingley @ 6.25% fixed for 1 year:
http://www.bradford-bingley.co.uk/savings/great-ISA-rate.asp"Success is the ability to go from failure to failure without losing your enthusiasm" (Sir Winston Churchill)0 -
I looked at the Bradford & Bingley one, but it doesn't allow any transfers in. thank anyway0
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What do you mean by transfer in this years allowance?
Either you transfer in last years ISA or put in 3k fresh into this years.0 -
It says transfers in from existing ISAs are not permitted. I took this to mean you cannot transfer in from tax year 2007 to 2008 but I could have misunderstood0
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