5.4% is this the best mini cash ISA?

Without a hint of irony, Matt Wilson astounded uk.finance on 04 Feb 2005 by announcing:

Looks like it's the leader. Abbey's close behind with 5.35%, M&S with 5.25%, then a few from 5.2% down to 5.10%.

IF's currently 5%, I believe, although you can get a higher rate if you also have a loan with them (see previous thread on this subject). I'm currently getting 6.9% on most of mine.

I can't find the other thread - What was it called ?

Thanks Daniel

"Matt Wilson" wrote

So on 3,000 you are 1.50 a year better off until you transfer out, at which point you are 23.50 down...

Given that the interest on 3,000 is only 162 a year this strikes me as a major hit to take.

You might be interested to know that if you need to quote a long URL, there's a convention that lets you do that without breaking it over lines. Quote it as . So, yours would look like this: .

Any compliant mail- or news-reader program should show this all on one line, or at least honour it as a single URL when clicked upon in a windowing environment.

Hope this helps.

Jon

Jon Green wrote in uk.finance:

Well, that's a fine tip, thanks very much.

BTW...watch out for First Direct's 6.25% Mini Cash ISA when it's announced next week. The quoted rate is only available for up to 8 months, after which it is likely to go down to 4.5% - but at that point you could switch provider, assuming there are no onerous transfer fees.

RM

Reestit Mutton wrote in uk.finance:

Unfortunately this ISA is only available up to 3k.

"Matt Wilson" wrote in message news:Xns9604CCA1C60Azamboodlenewstoken@158.152.254.254...

You mean they don't accept transfers in?

"John Redman" wrote in message news:cvdmtu$c84$ snipped-for-privacy@news8.svr.pol.co.uk...

Yes, they accept transfers in, but not if you hold more than 3k + interest :(

Daniel

In message , Daniel writes

Hmm, the website says you can put in £3k a year.