Any Decent Cash ISA's about?

[soad]

Good morning all

I'm shocked to say, my current ISA's interest rates are down to just 0.55%. Well, it didn't come as a surprise really, but makes no sense to leave the funds there.

I'm thinking of opening e-ISA instead (rates are 2.00%), where account would be manageable via online banking only. Branch access is not needed anyway.

Will the interest rate stay at 2.00% for the said e-ISA for some time do you think? Or is it likely to go drop down aswell?

[Workshy Fop]

http://www.moneysavingexpert.com/banking/

There's a 3% one at Santander that seems to be the best rate........

[condor]

I'm looking to use up this year's allowance, but with such poor interest rates and inflation at a much higher level, I'm not too sure what to do. Currently I have Premium bonds and if I withdraw to fund the ISA, it will come from there. I haven't won there either!! so no interest whatsoever, just the chance, I might get lucky.
Part of me thinks I might just put a few thousand in with the best offer on the table at the moment, but not use up the whole allowance ( I'm 50 so get the £5K+) - since I'm moving house, then I'd expect most of my spare funds will taken by the move anyway.
It is really difficult to know what to do about them...some fixed rate bonds pay more ( taking account of the tax)...but it's more than likely that interest rates will rise this year, so the allowance/or part of it should be protected.
Just in my very 'umble opinion

[al1991]

I've got an e-ISA with Natwest. 2.00%, seems ok, not that I have much in it

[soad]

Workshy Fop said:

There's a 3% one at Santander that seems to be the best rate........

Not keen on Santander, as had bad experience with Abbey in the past.

al1991 said:

I've got an e-ISA with Natwest. 2.00%, seems ok, not that I have much in it

That's the one i'm thinking of.

[Ribol]

I think cash ISAs are a good way to invest money "safely" (£50k max still applies though) for the future.

As I have no intentions of taking out what I have put into mine for some time to come and leave all interest in there IMO a fixed rate one is the best way to go.

You will easily get over 3% if you can commit to leaving it in there for a while.

[ringram]

3.5% for 2 years fix at Halifax..
Also they do 4.2% cash bonds as well for 2 year fix.