What is the best ISA out there at the moment?
I saw an advert for Barclays at 6.5%
Is there any better than this?
PS WHY DIDNT ANYONE POST ABOUT A&L 8.1% ISA and get it pinned??? Too late now
Barclays is still 6.5% after rate rise and fixed for the year (so doesnt track rate rises)
Also you are only allowed to move an additional £3000k into this account which is a kick in the nuts..
Otherwise she advised me i can move it into teh standard ISA at 4.8% to which i laughed heavily at her stating that interest rates are 5.5% so id be losing money..
Why do they not like Savers????
Full Version: Best Isa - After May Rate Rise
I went with Portman 30day notice ISA 6.05% for 6months, then 5.25% variable.
I plan to switch to a fixed after 6 months, currently at 5.7% for a year. Hopefully this will be higher later in the year.
I did look at other ISA providers, but if the rate is poor after a year it would cost to transfer. Also, most my ISA cash is with the Portman.
I plan to switch to a fixed after 6 months, currently at 5.7% for a year. Hopefully this will be higher later in the year.
I did look at other ISA providers, but if the rate is poor after a year it would cost to transfer. Also, most my ISA cash is with the Portman.
QUOTE(Jason @ May 12 2007, 05:59 PM) [snapback]635539[/snapback]
I went with Portman 30day notice ISA 6.05% for 6months, then 5.25% variable.
I plan to switch to a fixed after 6 months, currently at 5.7% for a year. Hopefully this will be higher later in the year.
I did look at other ISA providers, but if the rate is poor after a year it would cost to transfer. Also, most my ISA cash is with the Portman.
I plan to switch to a fixed after 6 months, currently at 5.7% for a year. Hopefully this will be higher later in the year.
I did look at other ISA providers, but if the rate is poor after a year it would cost to transfer. Also, most my ISA cash is with the Portman.
Don't the Portman charge a fee for transferring away which negates some of the extra interest you may get?
QUOTE(Voice of Reason @ May 14 2007, 04:35 PM) [snapback]637296[/snapback]
Don't the Portman charge a fee for transferring away which negates some of the extra interest you may get?
They do, yes. However over time I have found them to constantly offer good rates (usually fixed). They are many ISA providers giving fantastic rates for new money, but then become crap for the 2nd year. I went with the Portman's regular saver for a while.
This will probably all change with the Nationwide trying to take it over tho (hence not doing the regular saver).
QUOTE(Jason @ May 12 2007, 05:59 PM) [snapback]635539[/snapback]
I went with Portman 30day notice ISA 6.05% for 6months, then 5.25% variable.
I plan to switch to a fixed after 6 months, currently at 5.7% for a year. Hopefully this will be higher later in the year.
I did look at other ISA providers, but if the rate is poor after a year it would cost to transfer. Also, most my ISA cash is with the Portman.
I plan to switch to a fixed after 6 months, currently at 5.7% for a year. Hopefully this will be higher later in the year.
I did look at other ISA providers, but if the rate is poor after a year it would cost to transfer. Also, most my ISA cash is with the Portman.
Why didn't you just save the effort and go with NS&I's Direct ISA? (6.05%) Did you have a previous cash ISA to transfer?
NS&I will be going up to 6.30% or more before the year's out too.
Yes, I have lots of other ISA subscriptions. This is on a fixed, and finishes at the end of the summer. Then i'll look to moving it around, but most good accounts don't offer transfers in.
I need to move mine from A&L
Why dont they let you move it??
Surely if a bank knows you have 12k in a Cash ISA its better for them as then they can lend 10x that amount..??
seems ridiculous!!
Cant find anywhere worthwhile to open cash ISA just now..!
Why dont they let you move it??
Surely if a bank knows you have 12k in a Cash ISA its better for them as then they can lend 10x that amount..??
seems ridiculous!!
Cant find anywhere worthwhile to open cash ISA just now..!
NS&I www.nsandi.com
Best rates, simple etc.. Can't go wrong.
Best rates, simple etc.. Can't go wrong.
QUOTE(delboypass @ May 15 2007, 04:59 PM) [snapback]638539[/snapback]
I need to move mine from A&L
Why dont they let you move it??
Why dont they let you move it??
I suspect the reason why certain cash ISAs don't allow transfers-in is because they want people to keep their money there and not move it.
Slightly off topic here but does anyone know where i can find each lenders announcement of what they are going to do with rates after the May rise. I am waiting with baited breath to see what Halifax is doing with my isa rate [currently 5.3%] It seriously needs to go up. I would like it to go to 5.75%, thinking though it will go to 5.5%... If however there is no rise i will be pissed off
QUOTE(theblacksheeple @ May 19 2007, 02:42 PM) [snapback]642707[/snapback]
Slightly off topic here but does anyone know where i can find each lenders announcement of what they are going to do with rates after the May rise. I am waiting with baited breath to see what Halifax is doing with my isa rate [currently 5.3%] It seriously needs to go up. I would like it to go to 5.75%, thinking though it will go to 5.5%... If however there is no rise i will be pissed off
Drop them a line asking them. Or better still just transfer your balance a provider that offers > 5.9%.
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