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Leeds BS ISA Any good??

Looks an interesting one, inflation (RPI) +2.5%

so currently is 6.7%

Obviously will go up and down with inflation but what do you think.

Has any1 tried it? It does take transfers.

Matures 2010
http://www.leedsbuildingsociety.co.uk/savings/rates_taxfree.html

Comments

  • wriggly
    wriggly Posts: 362 Forumite
    I have one. They set it up reasonably quickly.

    Is it any good? I'll tell you in two years time. :o
  • genny
    genny Posts: 319 Forumite
    That's interesting, do they accept transfers in, I have a large chunk wasting away in a poor performing HSBC cash ISA...
  • Baldur
    Baldur Posts: 6,565 Forumite
    genny wrote: »
    That's interesting, do they accept transfers in, I have a large chunk wasting away in a poor performing HSBC cash ISA...
    See HERE:

    "Transfers in: To transfer an existing ISA from another ISA provider, simply complete the ISA transfer application form and we'll do the rest. **

    ** Please note: HM Revenue & Customs guidelines state that the ISA provider has up to 30 days to complete the transfer.
  • Milarky
    Milarky Posts: 6,356 Forumite
    Part of the Furniture 1,000 Posts Photogenic
    Looks an interesting one, inflation (RPI) +2.5%

    so currently is 6.7%
    http://www.leedsbuildingsociety.co.uk/savings/rates_taxfree.html
    Not quite right
    Guaranteed to track Bank of England Base Rate until 31/07/2008 (currently 5.00%) From 01/08/08 the interest rate will be equivalent to the % change in RPI between 30/04/08 and 30/04/09 plus a bonus of 2.50% tax-free
    From 01/08/09 until maturity (31/07/2010) the interest rate will be equivalent to the % change in RPI between 30/04/09 and 30/04/10 plus a bonus of 2.50% tax-free
    .....under construction.... COVID is a [discontinued] scam
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