06 Mar 2016

A question about : post office cash isa advice

hey all,
i'm coming up on the end of the bonus interest on my post office isa.

I was hoping you guys could advise on best next step.

1. I assume i cant transfer it to a new Post office isa,or an post office isa under my wifes name.
2. I guess best option is to transfer it to the next best interest ISA and when that deal ends transfer back to the post office if that is the best deal at the time.

thanks for the help

Best answers:

  • How much is in it?
    For smaller amounts you can easily beat ISA rates with current accounts
  • currently at 5k, and plan to increase this with overrun from current accounts
  • Depending which ones you have I probably wouldn't bother with a cash ISA.
    When do you need the money and which current accounts already used?
  • money is purely for emergency fund and savings to pay off mortgage when fixed rate period ends.
    currently have post office isa
    currently use natwest platinum and planning to use TSB as per other post.
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