Society & Culture1 min ago
Isa
23 Answers
Just been informed that I think from April 2014 - interest rate will be 1.0 as opposed to 1.5% - think letter is asking do I want to go elsewhere.
Where would I go to get a better interest - this ISA is tied up until 2016 - will I leave it alone or what TIA.
Where would I go to get a better interest - this ISA is tied up until 2016 - will I leave it alone or what TIA.
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For more on marking an answer as the "Best Answer", please visit our FAQ.thanks Factor and Psybbo - have looked at your link - will go down and look at the letter again - deffo 1% nothing - you would rather lift it and put under your pillow - sadly it is more round £9,000 now - don't mind you lot knowing my business cos I need your help - however, it is my very last of anything I own.
Before the ISAs end date, They will write asking you what you want to do, if you do nothing you will lose even more money. They will put the ISAs in a lower rate account so look for a better rate somewhere else and say you want to move them. Look on a comparison website on April 5 2016 for a better rate.
conne, don't forget that the whole benefit of an ISA is that it's tax free, but you can move it to another ISA product - I've done it when the rate on mine dropped at the end of the initial period.
However if yours is not set to expire until 2016, you ought to still be getting that rate until the 2016 date (that's what happened with mine, the original date with the better rate still stood until the expiry date).
However if yours is not set to expire until 2016, you ought to still be getting that rate until the 2016 date (that's what happened with mine, the original date with the better rate still stood until the expiry date).