ISA guides

The Derbyshire currently offers three types of ISA’s: the Derbyshire cash ISA; the 55 plus ISA; and the 2 year fixed rate cash ISA. All three are cash mini ISA’s, which means the maximum investment in each tax year is £3,000. The deadline for investing in ISA’s for the current tax year in April 5th. …continue reading the story
called ISA’s at the Derbyshire Building Society

There are currently two types of ISA’s available from Lloyds TSB: the mini cash ISA, and the fixed rate mini cash ISA. As both are cash mini ISA’s, this means that only up to £3,000 can be invested in either account in any tax year. Lloyds TSB also provides a Tessa ISA, while Lloyds TSB maxi ISA’s are available in conjunction with Scottish Widow. The main benefit of holding savings in an ISA is that they are then exempt from tax. …continue reading the story
called ISA’s at Lloyds TSB

The Britannia Building Society (BBS) offers five types of ISAs: the fixed rate mini cash ISA; the instant access mini cash ISA; the regular saver mini cash ISA; ISA bonds; and equity ISA’s. It also allows holders of Tessa only ISA’s to transfer their funds into any one of two BBS ISA accounts: the instant access Tessa only ISA; and the 30 day notice Tessa only ISA. …continue reading the story
called ISA’s at Britannia Building Society

A new ISA has been launched by the Scarborough Building Society (SBS) that promises an interest rate of 6.1 per cent AER until March 31st 2008.

The guaranteed ISA plus issue 2 is a cash mini ISA - which means the maximum an account holder can invest in a tax year is £3,000. …continue reading the story
called New ISA from Scarborough Building Society

There are three types of ISA’s available from the Halifax Bank of Scotland (HBOS): mini cash ISA’s; mini stocks and shares ISA’s; and maxi ISA’s. It is possible to invest up to £3,000 in cash in a mini cash ISA in each tax year, £4,000 in a mini stocks and shares ISA, and £7,000 in a maxi ISA. It is also possible to invest cash in a maxi ISA, but only up to £3,000, with the remainder of the £7,000 open to investment in stocks and shares. …continue reading the story
called ISA’s at Halifax Bank of Scotland

Kent Reliance currently offers two types of ISA’s: the direct variable rate mini cash ISA; and the variable rate mini cash ISA with passbook. Both ISA’s are mini cash ISA’s - stocks and shares mini ISA’s and maxi ISA’s are not available through Kent Reliance. It is also possible to transfer existing mini cash ISA’s and Tessa-only ISA’s over to the direct variable rate mini cash ISA offered by Kent Reliance. Up to £3,000 can be invested in a mini cash ISA each tax year. The deadline for the current financial year is April 5th. …continue reading the story
called ISA’a at Kent Reliance Building Society

There are currently six ISA’s available from the Yorkshire Building Society (YBS). They are: the 30-day notice ISA; the e-ISA; the fixed rate anniversary ISA; ISA plus; rollover TESSA-only ISA; and the variable rate TESSA-only ISA. …continue reading the story
called ISA’s at the Yorkshire Building Society

M&G offers two types of ISA: the mini ISA and the maxi ISA. Up to £3,000 cash can be invested in a min ISA, or £4,000 in stocks and shares. A combination of cash and stocks and shares - or just stocks and shares - can be invested in a maxi ISA, up to the value of £7,000. However, only £3,000 of that £7,000 can be invested in cash.

There are seven funds to choose from should a saver decide to invest in stocks and shares, and these are divided into three categories: funds to be invested in for income; funds which promise growth; and funds for investors looking to diversify. No initial charge is payable on any M&G ISA account if a lump sum is invested, while no exit fees are payable if the money is invested for five years or more. …continue reading the story
called ISA’s at M&G

Financial services company Bradford & Bingley has announced the launch of a new one-year mini cash ISA.

The interest rate for the ISA, which is designed with those people who have yet to use up their ISA allowance for the tax year 2006/7 in mind, is to be fixed at 5.9 per cent per annum AER (annual equivalent rate).

The limited edition offer is available until April 5th - the end of the current tax year - or until the account’s quota has been taken up. …continue reading the story
called New mini cash ISA from Bradford & Bingley

Marks and Spencer Money (M&S Money) currently offers savers three types of ISA’s: a mini cash ISA; a mini stocks and shares ISA; and a maxi ISA. Up to £3,000 in cash can be invested in a mini cash ISA; while a combination of cash and shares can be deposited in a maxi ISA up to a value of £7,000 - although only up to £3,000 can be invested in cash. For maxi ISA’s and stocks and shares mini ISA’s, money can be invested in one or more of M&S Money’s five trust funds.

It should be known that it is not possible to subscribe in the same tax year to a maxi ISA and a mini ISA, more than one mini ISA of the same type, or more than one maxi ISA. M&S Money also stresses that although stocks and shares ISA’s offer the prospect of large returns, there is risk involved and it is possible that any initial investment may not grow and might even become devalued. ISA’s are a medium to long term investment, with a recommended investment period of 5 years. …continue reading the story
called ISA’s at Marks and Spencer Money (M&S Money)