What are Bradford and Bingley ISAs like?
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Written on: 12.01.2010 [16:26]
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Emma
Emma
Topic creator
Posts: 3
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Are Bradford and Bingley ISAs a safe bet? If there is such a thing anymore. It is just I have just received a letter from my current provider saying that they are sorry but they will have to cut interest rates. They have almost stopped the rate all together with a measly 0.20%. I want to do something about it, but this is the only money I have and I have worked a long time adding money each financial year and I cant afford to start from the bottom and pay tax on the majority of it. What can I do? |
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Written on: 18.01.2010 [14:14]
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Virginie
Virginie
Posts: 1
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Have you thought about a transfer? This rate really is appalling and I am sure you can get a better rate. Also perhaps now that you have been through this you may consider a fixed rate ISA. Have you thought about that? If it is money you want to save, say for retirement then I would definitely suggest you transfer it in to a new ISA as that way you wont lose any of the allowance. There are some fixed rate ISAs at about 3% sometimes even 4% just for one year fixed rate, so its not even like you have to wait that long. But as you have had that much money in the ISA all this time I am guessing you can afford to go fixed. Hope this helps |
| Also very interesting: | |
