are there cash isas that accept standing orders instead of direct debits? or do standing orders not work with isa accounts?
- posted
20 years ago
simple cash isa question
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- posted
20 years ago
a standing order is something that YOU set up with YOUR bank to send cash to a reciepent at regular intervals. If the ISA has a sort code and account number, you can set up a standing order for your bank to send money to it.
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- posted
20 years ago
That's what I thought, thanks.
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- posted
20 years ago
The Safeway's ISA (operated by Abbey National) can be paid into by standing order rather than direct debit. They also currently offer the second best cash ISA rate in the country - Monmouthshire Building Society being the first.
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- posted
20 years ago
I've not seen a letter but I have just checked the website and it does now say 3.95% - however, they're still up there near the top in 3rd place (or if you want to be pedantic - 4th as M&SFS and Kent Reliance are at joint 2nd place at 4% AER).