Stoozing Forum - A&L Cash ISA - first rant of the year :)

YorkshireBoy Board Moderator Offline Stoozer Posts: 4227 Don't need a Swindon job now! Stoozpot £: 37,000	Re: A&L Cash ISA - first rant of the year :) Reply #15 - Mar 5^th, 2010 at 11:25pm tipsychick wrote on Mar 3^rd, 2010 at 7:18pm: ...if it's not released this weekend or next, then I'm off to First Direct... Hi TC, 2.6% AER, unlimited deposits, max 4 withdrawals a year?... http://www.halifax.co.uk/savings/isa-direct-reward.asp
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tipsychick

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Re: A&L Cash ISA - first rant of the year :)
Reply #16 - Mar 6^th, 2010 at 10:32am

Hi YB

That must be it but it's worse than FD's comparable 2.75% one and now I'll have to open a bank account with FD to get theirs!

Will have a look at the small print or give the Halifax a call and see if they'll allow in-house transfers-in.

Really not shaping up to be much of a year for bonanza ISA rates unfortunately. Cry

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CannyJock

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Re: A&L Cash ISA - first rant of the year :)
Reply #17 - Mar 6^th, 2010 at 11:26am

tipsychick wrote on Mar 5^th, 2010 at 2:25pm:

The perceived wisdom seems to be that the IR just rap you on the knuckles and tell you not to do it again the first time you exceed the ISA allowance for one tax year.

If you haven't done so already, it might be better to make your "mistake" once the allowance has increased! Wink

I can feel another mistake coming on Cheesy

Getting confused over the 5th of April and the 6th of April and opening a new ISA on both dates sounds like an easy mistake to make Tongue

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CannyJock

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Re: A&L Cash ISA - first rant of the year :)
Reply #18 - Mar 6^th, 2010 at 11:29am

tipsychick wrote on Mar 6^th, 2010 at 10:32am:

That must be it but it's worse than FD's comparable 2.75% one and now I'll have to open a bank account with FD to get theirs!

The Santander 3.5% one looks like the best on the go at the moment - details here - it tracks at 3% above BOE rate for 12 months - which can basically only go up but when it will is anybody's guess.

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YorkshireBoy

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Re: A&L Cash ISA - first rant of the year :)
Reply #19 - Mar 6^th, 2010 at 11:54am

CannyJock wrote on Mar 6^th, 2010 at 11:26am:

Getting confused over the 5th of April and the 6th of April and opening a new ISA on both dates sounds like an easy mistake to make Tongue

I've heard they even have wallpaper now, as well as Sky TV, in Wormwood Scrubs. Send us a postcard (and we'll send you a cake with a file in it Grin

)

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tipsychick

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Re: A&L Cash ISA - first rant of the year :)
Reply #20 - Mar 6^th, 2010 at 1:08pm

CannyJock wrote on Mar 6^th, 2010 at 11:26am:

tipsychick wrote on Mar 5^th, 2010 at 2:25pm:

The perceived wisdom seems to be that the IR just rap you on the knuckles and tell you not to do it again the first time you exceed the ISA allowance for one tax year.

If you haven't done so already, it might be better to make your "mistake" once the allowance has increased! Wink

I can feel another mistake coming on Cheesy

Getting confused over the 5th of April and the 6th of April and opening a new ISA on both dates sounds like an easy mistake to make Tongue

I often find vast quantities of cheap chocolate Easter egg renders me incapable of telling which day of the week it is!

Be warned though CJ - it's meant to be a one time only get out of jail free card! (Think they just close down the second one if you try it more than once, which should be just about bearable).

I've just spoken to the Halifax and they are going to allow transfers-in from the current 3% one. Just phone them on the day your 3% one expires and they'll request it's transferred internally. Will take a couple of days to show but the interest is backdated, so a seamless transition. Unless there's anything markedly better, I might settle for that rather than faffing around with transferring to First Direct for 0.15% more.

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tipsychick Long Serving Online stoozing.com Posts: 921 Stoozpot £: 0	Re: A&L Cash ISA - first rant of the year :) Reply #21 - Mar 6^th, 2010 at 9:42pm As someone on MSE has pointed out, one crucial difference between this and the old 3% one is that the new 2.6% rate is variable not fixed. God only knows how I missed that! Everything else about it does seem the same to me though. it will go up!
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AnimalGlu Stooz Beginner Offline stoozing.com Posts: 37 Stoozpot £: 0	Re: A&L Cash ISA - first rant of the year :) Reply #22 - Apr 6^th, 2010 at 6:26pm Awesome. I realise I've not been on the forum for a while and this really cheered me up. Thanks.
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