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5.2% NS&I ISA or 6.50% KaupthingEdge?

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  • roddydogs
    roddydogs Posts: 7,479 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    DON'T withdraw it, transfer it to another ISA.

    Transfers tend to be very quick, and once the new bank has received payment it goes into your account pretty swiftly, you shouldn't lose any more than 7 days interest max!

    Read Martins article on Cash ISAs, obviously the main benefit is them being tax free, I opened mine with Icesave (6.1%) and have had no problems. You can only invest in one account each year (with new money) but you are allowed to transfer an ISA to a new provider (i.e. other than Barclays) if you wish.
    Quick?Unless its Lloyd TSB
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