Caporegime
My Chase Boosted is still at 5.1%, hopefully will be until November.
Nationwide still at 8% but £200 a month deposit only.
Nationwide still at 8% but £200 a month deposit only.
My Chase Boosted is still at 5.1%, hopefully will be until November.
Nationwide still at 8% but £200 a month deposit only.
My recent experience is very variable. It took just over a month to transfer a cash ISA from charles stanley to IG.com. It took 3 days to transfer a cash isa from shawbrook to IG.com.
Nobody is staying at 5.1% so dont worry, mine is also down to 4.85%.interesting are you using the app and have you updated it ?
my chase dropped to 4.85% this morning , I have the 1% booster till 16th jan
interesting are you using the app and have you updated it ?
my chase dropped to 4.85% this morning , I have the 1% booster till 16th jan
4.75% from 14th October: https://www.ulsterbank.co.uk/savings/manage-your-savings/savings-interest-rates-changes.htmlUlster bank still advertising 5.2% on 5K+ easy access, and still advertising 60 days notice of a rate change.
yeah literally got the email 2hrs after posting, still one of the top rates for the next 67 days !
New email from Chase, they are lowering it even further to 1.25% below base rate in October.I am using the app, even deposited in some money today. Still at 5.1%.
So with the 'boost' it'll be 0.25% below base rate vs 0.15% now.The AER of the Chase saver account is currently 1.15% below the Bank of England base rate. We're changing this percentage difference from 1.15% to 1.25%. This means if the Bank of England rate is 5%, the AER of our saver will be 3.75%. You can find the Bank of England base rate on their website at any time.
Bit of an ISA limit question as I now pretty much hit my ISA limit for this tax year. How much of a buffer do you keep to stop it topping over ?
Is it safe to say
ISA balance minus - £150 to stop the interest accumulated putting it over your ISA limit. ? Or can your save to thre £20k and the interest earned that you receive will not put you over the limit ?
Not that £150 will make much of a difference to interest anyway.. it's more my OCD![]()
I didn’t realise that once you move the interest from your ISA, it’s taxable.The ISA contribution limit applies to your contribution, not any interest subsequently earned.
I didn’t realise that once you move the interest from your ISA, it’s taxable.
I didn’t realise that once you move the interest from your ISA, it’s taxable.
Are you sure? Below is what Google says -
"interest earned in an Individual Savings Account (ISA) remains tax-free as long as you withdraw it within the same tax year and you haven't exceeded your annual deposit allowance. Withdrawals from an ISA, including interest, dividends, or cash from selling investments, don't count as taxable income and don't need to be included on a UK tax return. "
If it were taxable on withdrawal cash ISAs would be pointless.
That's not what he said though.Is everyone talking about the same thing here? From the point that you take money out of the ISA you lose the tax free protection on it "going forward". That doesn't mean that some sort of "back tax" becomes payable on the interest earned whilst it was in the ISA.