Does this make sense?

former_student

I have an ISA at the moment that pays 5.5%, I am thinking of transferring to IceSave, I have two key questions:

1. Is this the highest interest rate available for ISA transfers at the moment?

2. I have some money invested within another account at IceSave, if the bank ran into problems would both accounts be individually covered up to the value of £30000 or would it simply be covered collectivly up to the value of £30000?

Thanks

Lokolo

1. Yes from what I can see

2. Person person per bank. So collectively

former_student

Lokolo wrote: »

1.

2. Person person per bank. So collectively

Thats a problem, it could be too risky investing more than £30000 with IceSave.