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Help - Egg ISA
lucy_w86
Posts: 827 Forumite
I am hoping someone could help me.
I had an ISA with Egg for the 2007/8 tax year. I am trying to consider whether I would be better off staying with Egg or transferring. The interest rate was 6.05% gross pa/AER...am I guaranteed this for the 2008/9 tax year if I stay with them as this is what it is still advertising now?
I had an ISA with Egg for the 2007/8 tax year. I am trying to consider whether I would be better off staying with Egg or transferring. The interest rate was 6.05% gross pa/AER...am I guaranteed this for the 2008/9 tax year if I stay with them as this is what it is still advertising now?
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Comments
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I think it depends if that original 6.05% was with a bonus (iirc it was) not at my home computer atm to look see, as I've just transfered mine out to lloyds anyway (although it's stuck in limbo somewhere) best thing to do would be to call them at least you'd get an oportunity to hagle with them to move you over to still get the 6.05% rate.0
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Egg rate is variable, they can change it whenever. It is currently 6.05%. Just keep an eye on the Egg website for update of rates. They usually change it if the Bank of England choose to change the base rate.
You can transfer whenever, so if you are happy with 6.05% keep it for now then transfer it if changes.0 -
Egg rate is variable, they can change it whenever. It is currently 6.05%. Just keep an eye on the Egg website for update of rates. They usually change it if the Bank of England choose to change the base rate.
You can transfer whenever, so if you are happy with 6.05% keep it for now then transfer it if changes.
Ok...as an existing customer, do I still get that rate?
Is it worth transferring? What would you do?0 -
Yes - 6.05% for the new money as well as existing money..Ok...as an existing customer, do I still get that rate?
Generally you ask the new ISA - who would accept a transfer - once you identify them and they take your instructions and process the transfer (from Egg) from their endIs it worth transferring? What would you do?.....under construction.... COVID is a [discontinued] scam0 -
I think it depends if that original 6.05% was with a bonus (iirc it was) not at my home computer atm to look see, as I've just transfered mine out to lloyds anyway (although it's stuck in limbo somewhere) best thing to do would be to call them at least you'd get an oportunity to hagle with them to move you over to still get the 6.05% rate.
Just to confirm the Egg ISA does not have a bonus attached, and is still paying 6.05%. They did not reduce it the last time base rates were cut, not sure if they will be so generous next time around!2014 running challenge 587.4 miles / 250 miles0 -
yes, my bad I was thinking of my other ISA holder, too much info to remember
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