i hava an ISA and a IASA with RBS
is good for me, put so much in a week

doesnt take lomg to build up :thumbs:

couldnt tell you interest rates, probably better out there tbh

I have a fixed rate of 5ish % with natwest for my ISA, i also have an Equity ISA which i can pay into

I said there was no overall total limit to how much money you can put in to an ISA I'm not on about the maximum per tax year.

You can only invest 7k in an isa per year. 3k in cash and the rest in stocks and shares.

There is also restrictions as to how long you can put money into a isa, as colin has highlighted above.

quote:

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Originally posted by Melville
You mate talks through his hat unfortunately.

Listen to Robbo, he is wise like Yoda.

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quote:

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Originally posted by Colin
Invest up to £3000 in each tax year until 5th April 2010

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Halifax ISA Saver Direct
Not getting anywhere with your savings? From as little as a £1, with a high interest rate of 5.25% AER/gross p.a, and no tax to pay, its easy to transform your savings with Halifax ISA Saver Direct. These are just some of the benefits:

Can view balance online
Can manage your account over the phone or online
Invest up to £3000 in each tax year until 5th April 2010
You can make unlimited withdrawals of £10 or more by telephone or online without giving advance notice
Meets Government Stakeholder Standards


£15k in that one MAX if you get £3k in before 6th April.

You mate talks through his hat unfortunately.

Listen to Robbo, he is wise like Yoda.

[Edited on 15-01-2007 by Melville]

My mate said theres no limit on an ISA (he works at Norwich Union/Halifax)

Halifax cash isa is 5.25% now, can save £3k per tax year up to £9k I think!! Instant access if you need it aswell!!

My e-mail keeps bouncing back so I can't confirm the account. Good start. :o

Scrap that ISA interest is more like 3.7% or something like that :lol:

quote:

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Originally posted by Marc
Halifax Web Saver, you get a current account too and manage both online and can switch money between the two. 5% interest.

[Edited on 14-01-2007 by Marc]

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Mini = £3k cash

Maxi = £3k cash
the remaining £4k is thru shares, life assurances, pensions etc.

Mini cash ISA - £3k per tax year.

No.. the most you can put into an isa is 3k, you can save up to 7k

ISA is 3k.

its 7k not 3k i thought.

Nationwide Instant Access Cash ISA - At £50 a month you won't breach the £3k pa limit but thats your best bet without a doubt

Halifax Web Saver, you get a current account too and manage both online and can switch money between the two. 5% interest.

[Edited on 14-01-2007 by Marc]

No doubt about it you should open an ISA account. No tax on your interest.

You can save up to £3000 per year in these accounts. Sounds perfect for you.

All major banks do them

i havent a clue when it comes to banks so i need peoples help. i wanna start putting away £50 a month and just keep saving it up, whats the best bank to do it with?