Bruce Banner Posted March 10, 2014 Share Posted March 10, 2014 Less than a month to go to find a home for this year's ISA allowance. Fortunately, ISA rates seem to be on the rise with Santander offering 2.3% on a 2 year fix with early closure possible with loss of 120 days interest. Quote Link to comment Share on other sites More sharing options...
renting til I die Posted March 10, 2014 Share Posted March 10, 2014 Less than a month to go to find a home for this year's ISA allowance. Fortunately, ISA rates seem to be on the rise with Santander offering 2.3% on a 2 year fix with early closure possible with loss of 120 days interest. I always put it in at the start of the new tax year. Generally all the best deals have been promoted by then. Not that I'm expecting any good deal this year! Quote Link to comment Share on other sites More sharing options...
Karelian Posted March 11, 2014 Share Posted March 11, 2014 Less than a month to go to find a home for this year's ISA allowance. Fortunately, ISA rates seem to be on the rise with Santander offering 2.3% on a 2 year fix with early closure possible with loss of 120 days interest. Virgin Money have a 2 year fix at 2.4%: http://uk.virginmoney.com/savings/find/results/isas/ Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted March 11, 2014 Author Share Posted March 11, 2014 Virgin Money have a 2 year fix at 2.4%: http://uk.virginmoney.com/savings/find/results/isas/ Not on that link. Quote Link to comment Share on other sites More sharing options...
renting til I die Posted March 11, 2014 Share Posted March 11, 2014 Virgin Money have a 2 year fix at 2.4%: http://uk.virginmoney.com/savings/find/results/isas/ The last 2 year fix I had was at 7%! But that was about 6 years ago! I still live in the hope that something will cause interest rates to jump up! Quote Link to comment Share on other sites More sharing options...
giesahoose Posted March 14, 2014 Share Posted March 14, 2014 nationwide, save to buy ISA 2% instant access. (up to 20k) Quote Link to comment Share on other sites More sharing options...
LC1 Posted March 16, 2014 Share Posted March 16, 2014 Swansea Building Society 2% instant access, no notice/penalties. Quote Link to comment Share on other sites More sharing options...
renting til I die Posted March 18, 2014 Share Posted March 18, 2014 I just moved mine into Sanantander 2.3% for 123 customers, 2 year fixed but money can be taken out with a 120 day interest pen. Transfers are also allowed Quote Link to comment Share on other sites More sharing options...
LC1 Posted March 19, 2014 Share Posted March 19, 2014 I just moved mine into Sanantander 2.3% for 123 customers, 2 year fixed but money can be taken out with a 120 day interest pen. Transfers are also allowed It's looking like the best option, but I'm slightly concerned that this would mean the entirety of my savings in the one institution - much less than the £85k or whatever the guarantee is, but still not entirely convinced that it's worth the paper it's written on if push came to shove... Quote Link to comment Share on other sites More sharing options...
renting til I die Posted March 19, 2014 Share Posted March 19, 2014 It's looking like the best option, but I'm slightly concerned that this would mean the entirety of my savings in the one institution - much less than the £85k or whatever the guarantee is, but still not entirely convinced that it's worth the paper it's written on if push came to shove... Yep, I have most my cash savings in San'. I try to keep it under £85k by having a bit of cash in other banks, buying stocks and gold coins, also going to open next years ISA somewhere else. Could be a interesting time to be a saver next year with a £15000 ISA limit and ability to move to and from stocks and cash ISA's! Quote Link to comment Share on other sites More sharing options...
acidreign Posted April 3, 2014 Share Posted April 3, 2014 HPC'ers, bit of help required if you may... The girlfriend has asked me last minute for ideas on a cash online ISA to setup tomorrow online i.e. before Saturday... She has the 5k max allowance. Any ideas? They sure would be appreciated! Quote Link to comment Share on other sites More sharing options...
MT7726 Posted April 4, 2014 Share Posted April 4, 2014 I am considering joining a credit union, just to take advantage of their cash ISA; This one, offering 3% - http://www.dotcu.org.uk/creditunion/savings/isa.html. I have been told on the other site, they tend to be short lived once the word is out. Best move quick if interested. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted April 12, 2014 Author Share Posted April 12, 2014 I just moved mine into Sanantander 2.3% for 123 customers, 2 year fixed but money can be taken out with a 120 day interest pen. Transfers are also allowed Santander have just reduced the rate for the non 123 2 year fixed rate ISA from 2% to 1.8%. The 123 ISA is still 2.3%, but for how much longer? To be safe, I opened ours today with instructions to transfer-in the contents of our existing ISAs when they mature at the end of the month. Quote Link to comment Share on other sites More sharing options...
danlee74 Posted April 15, 2014 Share Posted April 15, 2014 I realise that Nationwide is a bit of a swear word to some, but they have a "Regular Saver" ISA paying 2.5% ... http://www.nationwide.co.uk/products/isas/all-isa-accounts ... allows deposits of £1,250 per month (athough what happens if/when you hit the ISA limit I do not know ...). Quote Link to comment Share on other sites More sharing options...
Ologhai Jones Posted April 23, 2014 Share Posted April 23, 2014 I realise that Nationwide is a bit of a swear word to some, but they have a "Regular Saver" ISA paying 2.5% ... http://www.nationwide.co.uk/products/isas/all-isa-accounts ... allows deposits of £1,250 per month (athough what happens if/when you hit the ISA limit I do not know ...). At £1,250 a month, you won't breach the NISA limit. Quote Link to comment Share on other sites More sharing options...
LC1 Posted April 23, 2014 Share Posted April 23, 2014 At £1,250 a month, you won't breach the NISA limit. Yep, it looks like a good option, I think I'll apply for this one and drip feed in each month from my 123 account... Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted April 25, 2014 Author Share Posted April 25, 2014 Yep, it looks like a good option, I think I'll apply for this one and drip feed in each month from my 123 account... With the Santander 2.3% offering you can pay in your full £15K allowance on 1st July, so there's not much difference. Quote Link to comment Share on other sites More sharing options...
danlee74 Posted April 30, 2014 Share Posted April 30, 2014 At £1,250 a month, you won't breach the NISA limit. Very good point, I had forgotten about the raise in the limit! Quote Link to comment Share on other sites More sharing options...
LC1 Posted May 8, 2014 Share Posted May 8, 2014 Very good point, I had forgotten about the raise in the limit! Newcastle Big Home ISA is 3% AER, same monthly limit as the Nationwide... Quote Link to comment Share on other sites More sharing options...
shindigger Posted May 9, 2014 Share Posted May 9, 2014 Does anyone have any suggestions for a Stocks and Shares ISA fund that is as close to cash as possible? I'm looking to get the whole kaboosh free from tax asap though dont want any stock market tracker fund. I have some dosh in a Hargreaves Lansdowne Vantage ISA account doing nothing and would like to find a "cash like" home for it. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted May 10, 2014 Author Share Posted May 10, 2014 Does anyone have any suggestions for a Stocks and Shares ISA fund that is as close to cash as possible? I'm looking to get the whole kaboosh free from tax asap though dont want any stock market tracker fund. I have some dosh in a Hargreaves Lansdowne Vantage ISA account doing nothing and would like to find a "cash like" home for it. The new ISA limit of £15K can be all cash if you wish. Quote Link to comment Share on other sites More sharing options...
shindigger Posted May 10, 2014 Share Posted May 10, 2014 The new ISA limit of £15K can be all cash if you wish. Durr... thanks Bruce. Should have registered with me. However, i still have a previously invested £5k that is sat doing nothing in HL. Need to find a "cash like" home for that as a SS ISA. Stocks are too high at the moment for me to dip in there. Quote Link to comment Share on other sites More sharing options...
SirGaz Posted November 21, 2014 Share Posted November 21, 2014 Just had a nice message from Virgin money informing me that 'as a valued customer' they will be reducing the interest rate on my isa savings from 1.5% to 1.31%. To55ers. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted November 21, 2014 Author Share Posted November 21, 2014 Just had a nice message from Virgin money informing me that 'as a valued customer' they will be reducing the interest rate on my isa savings from 1.5% to 1.31%. To55ers. That's why I prefer fixed term for ISAs as it's difficult to move the money around if they change the rate. Santander are currently offering 1.7% if you have a 123 card and 1.4% if you don't on a 2 year term with 120 day loss of interest if you need the money sooner. We've each got two ISAs with them, one at 3.1% with six month to run and the other at 2.3% with eighteen months to run. I'm not a great lover of Santander, but they always seem to have the best deals when we want to use up our ISA allowances early in the tax year. I'm keeping my fingers crossed for better than 1.7% in April. Quote Link to comment Share on other sites More sharing options...
Bruce Banner Posted March 11, 2015 Author Share Posted March 11, 2015 That's why I prefer fixed term for ISAs as it's difficult to move the money around if they change the rate. Santander are currently offering 1.7% if you have a 123 card and 1.4% if you don't on a 2 year term with 120 day loss of interest if you need the money sooner. We've each got two ISAs with them, one at 3.1% with six month to run and the other at 2.3% with eighteen months to run. I'm not a great lover of Santander, but they always seem to have the best deals when we want to use up our ISA allowances early in the tax year. I'm keeping my fingers crossed for better than 1.7% in April. Santander have just raised the 2 year 123 rate to 2.0%. Quote Link to comment Share on other sites More sharing options...
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