Transfer of 'Late Maturing' BMW ISA

steviebilbo

My wife and I both opened a cash ISA with BMW (via Newcastle BS) in Sep of last year and deposited the full amount in each. It is currently running at 6.7% but with 45 days loss of interest if we close them before the maturity date (05 Sep 08).

We are both in a position to invest the full amount again in a cash ISA today but don't necessarily want to lose the good deal at BMW - Their current ISA is only offering 5.5%

Can anyone suggest a provider for this year which allows transfers from previous ISAs BUT at a later date (Sep in this case).

If not then what is the best option please?

Thanks for any help

Steve B

macca64

Depends if you want a fixed rate or variable rate.

A&L and Icesave will allow you to deposit money for the 08/09 tax year and then transfer previous years in at a later date, but both of those a variable rate.