The Best Cash ISA - It's Time to Change!

[@DamienTalksMoney]

Hello! Below are the best Cash ISAs and a link to the table of rates. Table: financialinterest.com/best-cash-isa/ Some of these are affiliate links. If you use them, I will receive a commission, but you won’t be charged anything extra. 1. Trading 212 (aff) www.trading212.com/isa?cash-isa=&promo-code=DAMIEN Current rate: 4.9% AER 2. Chip shorturl.at/WXUlM Current rate: 4.58% 3. Moneybox www.moneyboxapp.com/cash-isa www.moneyboxapp.com/isa/lifetime/cash/ Current rate: 5.17% (incudes a 12 month bonus of 0.47%) 4. Plum (aff) withplum.com/cash-isa Current rate: 5.18% (Any transfer in is paid at 3.79%)

[@TelscombeTerror]

Is there any advice for dual nationals US citizens that are refused on these platforms ? Great videos and channel 🏆 cheers.

[@EmuMan44]

You didnt address the fact that 212 takes a 0.7% fee for deposits over 2k. So really 212 is offering only 4.47%. Santander is offering 5.1% on there current account up to 4k

[@ijw2009]

Have Trading 212 stopped doing the Free Share for sign ups?

[@unmer3306]

What do you think of the Barclays blue rainy day isa?

[@manymoms920]

I love seeing my daily interest payment on my trading 212 account

[@otum337]

Same here. It's a bit like finding money in the street or in an old coat pocket

[@sorcererscircle535]

What fees are on this platform, if they are better than what I am currently paying on S&S ICA then I will likely transition to this

[@otum337]

@@sorcererscircle535 no fees

[@NikkiAnnMarie]

@@sorcererscircle535 There are no fees for the Cash ISA and I believe that holds for the S&S ISA apart from a 0.15% currency conversion fee

[@gm5383]

@@sorcererscircle535 zero fees on anything for the investment or ISA accounts. Deposits are also entirely free, unless you opt to only pay in by a card or Apple pay at which it's 0.7% on anything after the first £2000 (first £2000 being free), but this can be avoided by transfering money in by bank transfer so that deposits are always free. Any funds etc invested in still have the same fund manager charges as with any platform, but there is no additional fee ontop from the platform itself. There are a few things like FX fees and stamp duty charges to be aware of as on all platforms but you can get the full breakdown on the 212 site, everything is really clearly laid out and easy to understand.

[@_rainey]

I'm currently transferring my Barclays cash ISA (over 10k so my rate was only _1.21%_ 💀) and going to Trading212. I can't believe I just let it sit there for YEARS not doing anything but a standing order for £100 a month. Numpty. This kind of thing should be taught in schools, but thankfully folks like you are getting the info out there.

[@JPetts]

To be fair, if it was taught in school would anyone actually listen? With hindsight we can look back and go “I would have listened” but how many of us actually would have? Especially when at that age we all have 0 money so why would we care about savings?

[@MartynThomas1]

Try not to beat yourself up too much. We have all made forehead slapping, dumb mistakes in the past. Pat yourself on the back for the fact that you are now actually acting. As for "teaching in schools", rather than worrying about that, my only advice would be to educate your own kids if/when you have any. Open a S&S JISA for them, pay in some modest monthly amount (what you can afford). When they are 16 it will be worth £10Ks. Tell them to watch some of Damien's videos and if they do, you'll give them £1000s. We can't undo the mistakes we have made but we can help our kids to be better informed.

[@harp893]

@@JPettsit can be taught interactively with simulators, it would be more effective

[@_rainey]

@ I’ll be the cool auntie, I’m 42 so the window is closing lmao. But you’re right at least I’m stopping my losses (better late than never). Would be kind of cool to have financial history built in with normal history classes though, as they say those who do not learn from history will be doomed to repeat it. 🤓

[@tinyweegiant4045]

@_rainey I feel your pain. Like most others I've lost a fortune over the years by being so passive. Im trying not to think about it. Anyone watching these videos are doing something about it now and that's great for us and bleep the big banks

[@ConspicousFaux]

I was LITERALLY just considering moving money across from a natwest ISA to another, and then you upload!

[@naximan01]

100% get into T212 - It's Fantastic, and if I ever need to withdraw money into my bank account to use and spend, it starts off taking around 2-3 working days to clear, HOWEVER, I have noticed recently, that since I'm putting in and taking out so often, it's pretty much instant now

[@stewillo86]

Just moved the majority of my emergency savings funds into chip. Thanks Damo, I've gone from 2.0% to 4.58% within 15 minutes of watching this video.

[@worshipthenephilim]

So happy I switched to T212 earlier this year thanks to watching your channel! Excellent, easy-to-follow information presented as always.

[@Samali5414]

What does mean T212 please?

[@jamessmithson-br7rm]

When you find out you are already using Damien’s top rated cash ISA

[@robinselkirk]

I opened mine after seeing it on Martin Lewis. Happy to already be there for a few months now.

[@jdt846]

After this I've transferred my ISA over to trading 212, I thought it was too good to be true but I did some reading and there doesn't really seem to be a catch, genuinely gobsmacked. Thank you Damien, always doing me a favour.

[@dailysleaze]

I've been looking for months on how to do a transfer. Best source I found said it'd been switched off. How did you do it?

[@squeaky_honda]

The catch is: they make their money from spreads in other people's CFD accounts. Though I don't know why anyone in the UK would use CFDs when spread-betting does the same job and is tax-free.

[@jdt846]

@@dailysleazeif you open a cash ISA with trading 212 they provide you with an option to request a transfer of your ISA with your current bank to the ISA you opened with them

[@W3LLcoOL]

Only thing that put me off was that it's not 100% guaranteed? Your money is basically invested in low-risk investments or something.

[@robpiper9079]

The money is guaranteed upto 85k the same as other FSCS associated providers in the cash ISA. I think they actually deposit your cash into other banks like NatWest and J P Morgan etc. you are talking about any uninvested cash sat in the stocks and shares ISA which may be put into other banks or invested in a qualifying money market fund. If it is in a QMMF it is an investment so not covered.

[@cronopl]

Absolute legend. Trading 212 is great.

[@alexm7310]

The fact that there's £1.8 TRILLION sat in bank accounts across the UK means there's absolutely zero incentive for HS banks to do anything different... Account holders need to shake off their apathy and move the money!

[@fanfeck2844]

I’d hope very little of that 1.8 billion is with these robber banks

[@mickmoon6887]

that much money not invested towards innovation or improvement to society due to current rules and regulation damn

[@DogScreenTV]

@@fanfeck2844trillion mate. 1.8 billion is nothing for the whole uk

[@selfrighteous88]

Apathy is basically the national sport, anthem, and dish in the UK.

[@StopForcingPlusOnUs]

Up until this year I was one of those idiots, honestly had never realised how much money I was throwing away! I've actually started writing a guide for all my friends to help plan their finances better because of it, basically a super condensed version of what you'd see on MSM website.

[@Unseh]

The ads I see for T212 on KZbin always made me think it was a dodgy platform that could cut and run with your money like the old skool crypto exchanges. I will definitely give them a look after seeing this video! I don't know if you do video requests, but watching this makes me want a similar video for those pension providers who help track down old/forgotten pension pots. I was useless at keeping track of pension documents on my 20s...

[@Rosieodriscoll]

I use them and I think they are really good !

[@K3end0]

Yeah it's why I avoided them to for a while. And now, even as a user of T212 I *still* don't like it. It gives too much focus to investing in mainstream big tech companies like Tesla and Nvidia and has a built in social media thing which is just as bad as it sounds. However, you can't beat their flexible Cash ISA and very cheap S&S ISA so it's a necessary evil.

[@Baud2Bits]

I have been using 212 for over a year. No huge sums - think my max has been 7k. I played at shares and some community pies (groups of shares intended for either growth, dividend returns, etc. for those that do not know). The learning curve is not steep. There are plenty of videos explaining stuff. I have never had an issue moving money around. Am an old git now so simply keep my mone mostly as cash with a porting in a Vangard S&P 500 tracker. Have withdrawn many times anbd it has always been in my bank near instantly - though they say up to three days.

[@jadeandrews5674]

The first place to contact regarding finding lost pensions would be The Pension Tracing Service 😊 It's a Government backed way to look for old schemes!

[@LS-gk4zc]

Lookup the Pension Tracing Service.

[@mpiulg83]

I moved my Cash ISA to Trading 212 few days before this video and I am happy to have made the right choice in this case.

[@himeisfred]

Great intro. The more eyes on the theft of consumers that big business get away with the better

[@misty_mouse987]

Great video as always! Tad suprised that Monzo wasn't mentioned at all considering it was in the thumbnail

[@Maxillz]

If you had £10k and used barclays' cash isa for the last year you'd have £10390 odd, whereas if you bought barclays stock, you'd have almost £20,000

[@Mallarkey]

That's why I started buying bank shares years ago; if they make profits from suckers like myself, why not own them! It's been a wild ride at times, but overall better than their measly interest offerings.

[@thomasthompson8023]

And If You Was Worried About "Risking" All The 10K In One Stock... Depending On Risk Aversion Low End Risk 1/9 1K Barclay Shares 9K Almost Any Other 1 Year Cash ISA Mid Risk 5/5 High To Extreme 8/2 Or 9/1 Or 10/0 Why Is Knowledge Not Taught In Schools 😢 Good Luck In Your Investing Maxillz & Mallarkey 😂

[@tomroguk]

Perfectly timed video as I need to move some funds around. Thanks for doing the research and clear video explanation 😊

[@DamienTalksMoney]

My pleasure

[@maxaminimus8597]

I have a stocks and shares ISA with one of the high street banks, and after seeing your video, I am considering changing to T212.

[@scottmcarthur7496]

Do it

[@christines5430]

Good video as always, Damien. I have a stocks and shares ISA with Trading 212 and just opened a cash ISA with them as part of my emergency fund because you mentioned how good the rate is. Thank you😊.

[@_rainey]

Same 🙃

[@simondix7154]

Complete novice and newbie,self employed don't have a pension and have realised (hopefully not too late!) that I need to provide more than I currently am for my retirement! Hoping to learn more from these vids

[@scottvessey915]

T212 and Chip - no gimmicks 👍

[@athelstongreen7369]

Just opened a 212 cash ISA on the strength of this video. A very informative video which made me think why am I leaving my money with the Halifax bank 😂. With my crypto currency going up as well your videos have served me well. Many thanks.

[@pd1596]

Thanks Damo! Super useful. Been thinking about what to do with my emergency fund. These are some great ideas! Thanks again for the great work you do!

[@adamrandles4055]

I’d say the main reason the main banks are in the lowest is because they know half of the population (older people) can’t use tech to access the correct rates that are available today. If you use the high street todo banking these days that’s where you’ve gone wrong to begin with.

[@jablot5054]

Older people have loyalty because they think they are British owned.

[@anthonyrybicki1000]

Not sure why the UK consumer would have loyalty to the big 5 high street banks when they are deserting physical locations rapidly to save money.After the 2008 meltdown it was fairly clear that they operated only to make themselves personal bonuses at others' risk. The IT access however is still a problem for the generation that predated the internet and mobile phones as all of the best financial products require online use. This government could mandate an average minimum interest rate for ISA savers but seems more keen this week to free up bankers bonus rules! Bonkers!

[@Patrick-y4d1z]

I have a stocks and share with NatWest. Went up 11% in the past year

[@georgiascarlett9679]

Got mine in Plum then saw some of the contraversy in the bonus. Since the rug hasn't been pulled in at least a year, I'm fairly confident it wasn't a bad choice and am quite happy to not touch it for a year so long as the rates don't drop

[@jared6893]

Great video, straight, concise, no faff. Subscribed

[@tietlaken57]

Bro, you holding AWS35K$? This is what early Bitcoin felt like fr.

[@JL-dd4gd]

what did you buy it on? 😊

[@capcomgenius3974]

Thanks Damien, luckily I’ve already got a S&S ISA in T212 and already started putting money in the cash ISA for the emergency fund, I’m just waiting on my other emergency fund to mature and then I will move that across 💪

[@forenard]

The only thing I miss from the Cash ISA from T212 is an option to lock your interest rate for a couple of years instead of the variable rate. Not sure if any other provider offers that apart from the big banks. Everything else is great in T212! Great video Damien as usual!

[@torirossi9679]

Love the daily interest… mine goes up every few days so it encourages you to pop more in. Started paying myself first instead of scraps and leftovers 6 months ago and has been a game changer! Love ur Channel Damien! 👌🏼👌🏼👌🏼

[@markdavis2097]

Excellent timing for me Damien👏I had an advert and I get constant messages from Lloyds about investing, and when I look at them I think or wonder if they think I am stupid. But it makes me wonder how many people think that it is good or attractive without doing research. Then you send this video, it makes me happy I am sitting pondering is it me or am I missing something🙇🏻‍♂️💁🏻‍♂️

[@Sock1122]

Ur a legend Damien. Real, valuable, actionable advice

[@DamienTalksMoney]

Thank you so much

[@legithype7999]

Something that would have been nice to add about the T212 1.5% cash back is that it has been extended multiple times now and I wouldn’t be surprised if come January they extend it again. If my memory serves me right it was meant to end in October, then they extended it till November, and now they extended it till January. Hoping for the best!

[@Teza-b]

Hi pal, what do you mean by 1.5% cashback? Is this their credit card offer or something?

[@mikeybraps2705]

haha thanks for saying this, ive had my 212 card for ages now and i thought i was crazy cause i kept thinking it was meant to have run out

[@mikeybraps2705]

@@Teza-b yeah it is, you can get a virtual and physical card thats linked to the cash in your t212 invest account. So you get 5.17% interest on it and 1.5% cashback. Been really good for me so far and generated me a few hundred these past months

[@mw01908]

Had the card and used it in supermarkets and other things and they have not paid any cashback its been over a week. Seems dodgy to me

[@legithype7999]

@@Teza-b Hi mate, sorry for the delayed reply, that’s their current cashback offer that you get when you use their debit card for purchases. It’s meant to be 0.5% but they have it set to 1.5% atm (until January) but they’ve extended it a few times now so hopefully come January they will extend again.

[@Mizzie888]

This is a brilliant video. Thanks for explaining T 212 current setup ❤❤ wonderful

[@ijay7730]

Another great video Damien thanks. Moved my daughter’s cash isa from Halifax to Trading 212 the minute she turned 18 and her junior isa became an adult one

[@vertilize5677]

Great video again Damien! Currently I am with NatWest on a fixed rate ISA earning 4.6% for the year which I managed to get before the high street banks started slashing there rates once again so overall happy with the rate I am getting at the minute.

[@dominic8218]

Great information as ever Damian. One of the most helpful KZbin channels out there 👏🏼👏🏼👏🏼

[@MrKlawUK]

easy access might have better rates now but thats because the fixed will have factored in potential market drops. The easy access will also drop when the market drops so you’re doing the usual decision of stability of a known rate vs hoping the easy acess ones don’t drop too much depending on what the BoE will do

[@Aliassuk]

Love trading 212 for cash ISA. Thanks Damien 🎉

[@jimfarey]

So I'm in a great position. I'm 41 and found out about the LISA just after it was created and I'd turned 40. Now if I don't spend my money on a house then my interest rate with a high street bank has been shocking for years. I'm in a position where I'm actually unlikely to buy now, or at least qualify for the bonus. Whacking it into a top tier cash ISA or even S&S ISA will probably make me more than the bonus in 2-3 years anyway. And the bonus and cap are a joke after the inflation fest post COVID. I tell everyone to get their money out of the HSBs, they're rubbish, and I have one reasonably large account trapped there. Keep up the good info service :)

[@stevem9754]

If I'm not mistaken the government (HMRC) bonus on a LISA is 25%, the same as for pensions, so you wouldn't achieve more than that 25% return over 2-3 years with a cash ISA. The return on a S&S ISA would depend on the stock market performance, and maybe a historically well performing fund like and S&P fund will achieve 25% or more over 2-3 years.

[@saelaird]

212 all the way. Love mine.

[@TheJellyMan42]

Opening a 212 account. Sick video. Cheers mate.

[@DamelzaJane]

Got myself the 212 thanks to you. The first direct offer was poor so switched. Got Dad into it too. We’re both really happy with the deal. 🎉 Nice having the daily interest.

[@alistairmonro]

I have a LISA with moneybox, and got in on the crowd funding a couple of years ago. I've since moved a small pension over ~3k to have a go at investigating, as I've never properly done that before. Because I have the LISA and just about max that out I've no need for a cash ISA at the moment. Hopefully by the time I get a property they will have caught up feature wise to 212.

[@adamsowa5927]

You can only buy a house up to £450k with a LISA so depending on where you live you might want to be careful

[@alistairmonro]

@adamsowa5927 I'm in the north so shouldn't be an issue. Seems like there are a few groups putting pressure on the gov to increase this limit, which might be helpful for others.

[@Hardwired16]

I think you may be wrong or misleading about the FSCS protection for T212. It says your money is held between a split of banks such as Barclays, NatWest and also QMMFs. As QMMFs are treated as investments, they are not covered by FSCS protection which means not all of your savings are going to be protected. Please correct me if I’m wrong but it says this on their FAQ page under “how we hold your GBP” in the interest for cash section.

[@adrianl5899]

QMMFs are indeed investments and thus available in accounts where investments can be made, such as their S&S ISA. It's just not relevant to their Cash ISA product where the cash is placed into one, or more, of the banks they list. It is still relevant to know what banks your money is in though. Between using T212 and any of those banks separately, it would be possible of course to exceed £85k combined at the same provider licence.

[@sp6184]

Great video as always. Love that you check reliable sources of data

[@angus5427]

have moneybox for the LISA so adding a S&S ISA to moneybox was a no-brainer for me.

[@MatthewMills.]

Awesome video, it just shows how much people are losing out on keeping their money with big banks. Hopefully this video is spread far and wide across KZbin 👍

[@1foxmark]

Thanks

[@DamienTalksMoney]

Thank you so much! Glad you found the video helpful

[@1foxmark]

@DamienTalksMoney Always mate! Thank you very much for everything you do. Amazing work!

[@Level7Boss]

Thanks for this. Just switched from Zopa and have consolidated my stocks and shares ISA and cash ISA

[@Doggaz72]

“The devil is always is in the details isn’t it” 😂 I can’t help but love you. Thanks for the information that you share it’s made an enormous difference to our life.

[@SombhooG-xd4bq]

great content! love these comparison videos Damo

[@blackmac1970]

Just opened a trading 212 account. First time outside of a big bank.

[@RossHbn]

Your videos are invaluable. Thank you.

[@minimad8793]

I have Zopa and Ford money. Both are more or less the same rate so happy with them at the moment and the benefit is that they are both flexible ISA's so utilised as the emergency funds. I did use one of them for some house repairs so well worth holding if you don't have one. Thanks Damo :)

[@cantbendknee]

I moved my Barclays rainy day saver into premium bonds. I already have a 212 account so will consider it. I won £150 last month with premium bonds though. That ‘maybe’ itch is hard to overcome.

[@SamuelCoupland]

Thanks, great video! I think 212 is changing their interest rate to 4.9%

[@Oiuwoiypwepoiywe]

Due to the Bank of England decreasing their interest rate

[@user-ep4nf9ot9d]

The other day I saw rates in high street banks and I couldn’t believe in my eyes !!

[@richpayne1235]

UK citizens are addicted to cash and see stock markets as gambling. Something needs to change.

[@DancerBoii08]

This was such an incredible video! Subscribed straight away, thanks for sharing your insights!

[@hypersynesthesia]

I was focused on my S&S ISA for a long time, and the rates on cash savings meant I chose other savings accounts over a cash ISA for accessible savings, but I switched to 212’s ISA a couple of months ago. At the moment I’m using it for travel savings, but considering moving the bulk of my emergency savings there.

[@onedaviecooper]

Thank you for your no fluff straight to the point info. I'm new to investing and to your channel. Happy New year.

[@jambojamboman]

Great timing, I was just after this video!

[@alexoliver9201]

Great content as usual. Really good and confident presenting 👌🏼

[@raamaswamyn]

The only pain with T 212 is to transfer out ISA to other high street banks or other providers just in case T 212 become worse off once they rope in new customers

[@coderider3022]

The new providers aren’t good at letting you go easily.

[@garethhodgkinson249]

Plum is only 4.62% since Thursday

[@stevemacdonald2510]

Re Chip, I registered with them to transfer an existing ISA. They don't support all high street banks so you cam transfer your ISA but then have an issue as you don't have a dedicated bank account with their listed banks so you can't withdraw your money. Also they didn't have a transfer date for the ISA transfer so moving a fixed rate ISA with a specific date may be problematic

[@watson946]

Chip is really good, although i have just moved to T212, chasing the interest rate. The transfer was very quick, just a couple of days.

[@assleepyassayu4619]

I remember when truss hit us with the mini budget and the rates went flying was when I realised how hsbc was secretly fking us over with the rates they were offering, hence I moved most of my savings to monzo and then started looking at other banks as the rates continued to soar. Granted I don't have a lot, but the rate the banks are asking for the mortgage versus the rate they are giving for savings just make me want to laugh

[@TheEstufaMan]

Thanks for the information! Keep up the good work!

[@TDZPearson]

On trading 212 you can keep your cash in the stocks and shares isa and still get the 5.25% interest on it.

[@miaroscfala]

without FSCS

[@novinfard]

About trading 212 there is a major difference here: You cannot take your money out immediately and transfer it. It takes at least 2 working days. While for Monzo it's immediate.

[@killbit01]

Yeah, that's why will stick with Monzo. Everything is instant and easy. Regarding Chip, am not sure, never used them, first time I am hearing about them.

[@filipacosta1285]

I have a Chip cash ISA account and at the moment I am very happy with it, but as I have a Trading 212 stocks ISA, I like the idea of moving the money between accounts without losing the allowance, so I might change it. Thank you for your great video.

[@Ewatsonn17]

Just set up a chase and trading 212 acc, very informative and realistic for young people 👍

[@Kimberly-jv3rc]

One thing about chip is they don’t offer partial transfer. If you would like to move your money from chip isa to other isa provider, you have to transfer all the money

[@JHBEM]

This is perfect timing!

[@DamienTalksMoney]

Glad I could help!

[@Nolansr0]

Another really useful video, Damo

[@DamienTalksMoney]

Glad you think so mate

[@killermandan]

Surprised not to see HL's multibank cash ISA on the list or an honourable mention, it lets you move money around different savings products from different banks within the cash ISA wrapper

[@IainFrame]

I've got everything squirrelled away in a Nutmeg Stocks & Shares ISA and, although it's quite good and easy to use, I think I'm going to liquidate it all next year to help me buy a house. Just wondering whether to switch over to Cash ISA now, so I don't absolutely bomb out in the event of a market crash. 😬

[@dondonsq123]

Perfect timing for me, thank you!

[@kristiangustafson4130]

You just earned your affiliate link payment. Relatively large stack at HSBC at 1.25% move to Trading 212 at 5%.

[@gymmaniac]

No mention of Zopa. I think they fit your criteria.

[@YouGotProblemz]

Great vid as always. Key thing to mention is T212 the rate is also variable - whilst it may be 5,17% currently, it's likely to drop if interest rates fall. Meanwhile my Barclays cash ISA is paying me a fixed 4.5% for a year regardless of interest changes. I'm worried that I may trasnfer all my money into my T212 ISA from my Barclays one only for the T212 rates to fall and Barclays to refuse to allow me to pay back into their ISA.

[@global_poo]

If your worried why not split your investment between both ?

[@YouGotProblemz]

@@global_poo as in i already have some invested in barclays isa but i believe there is a penalty if you transfer to another isa before the year is over

[@jablot5054]

I don't think t212'will cut it's rate as it is getting good traction from new investors. When it gets as popular or as big as Barclays then it will be taken over or sold off.

[@mw01908]

Don't worry, since the interest rate was cut twice by the bank of England Trading 212's rate has only moved 0.03 %. This is because it follows the market rate, ie the bond yields and LIBOR or whatever it's called these days, not the central bank rate.

[@andrewn7340]

Just use a S&S ISA Damo and stick it in a MMF or an ultra-short bond fund. ERNS currently pays 5.10% YTM

[@Buckets41369]

Daily compounding is a bit of a gimmick. If you invested £100k the difference between daily compounding and monthly would be £11.31 a year.

[@raljix1566]

Moving my moneyt to 212 for some reason worries me

[@scottmcarthur7496]

Don’t let it worry you, I was the same and done it. Totally worth it and no downsides at all.

[@conceptsound5]

The banks which hold your money in the isa are all backed.

[@shivtaneja6148]

Invaluable advice. Thank you! Looking for somewhere to park funds for my 26-year-old who’s starting to save as she earns. Damien, you will tell us when you recommend a product or a service if you’re getting paid a fee. I have absolutely no problem with that, but would just like to know. Ta.

[@rugbykid18]

Would be interested in seeing a video on Plum in general. Liked the concept so started putting in some money early this year. However, am starting to be a bit skeptical on the value for money!

[@DarrenPeet]

Thanks for the information. I do know of family members who love to walk into a high street bank to chat to a real person in front of them, and I believe these are the people whom are trapped.

[@MT1974-w3x]

Agree with most comments, can't beat T212, never had a problem over the last 4 years.

[@krytan69]

We are wearing the same top 😂 thank you for your contact man. I came across your account a few months ago. You help me sort out my pensions, and it made me realise I need to start looking at my future. So for that I'm grateful.

[@stefanobailey740]

I have 20k in an ISA with Lloyd's. Interest is paid at the end of the financial year. What happens if i move my money into another ISA? Do i lose interest?

[@lindavicky34]

AWS840W$ and AERO give me chills. This is gonna be epic.

[@chrisyates2591]

Once again, great video. Very helpful info - as always. Thanks D.

[@BulletPointFitnessPodcast]

Hey Damo, ive been saving with Chase at 4.75% for the last two years and they pay interest monthly. Thinking about moving to 212. But still, it would be interesting to hear your thoughts on Chase. And while im here, i should say, ive always been curious as to your stance on smart credit card leveraging.

[@stefanakisadv4357]

T212's Cash ISA interest though falls to 4.90% from 30/11. Still a to choice though.

[@tjcochius6331]

Wonder if anyone will still offer over 5% after the changes take place

[@willsmith2910]

Very informative! thank you!

[@DamienTalksMoney]

Glad it was helpful!

[@ashshort1989]

Transferring an old ISA and doubling my interest rate! Thank you.

[@DamienTalksMoney]

You are very welcome

[@UndisturbedMonk]

It's more profitable to buy shares of the banks with the cash, then to put the cash in accounts with the banks.

[@iansimpson936]

Thank you Damo. I love T212 and use S&S ISA to manage cash and equities via their Pies. Will take (via balance pie function) profits into a money market fund that tracks the Sonia rate (thanks Ramin) Similar concept to what you describe but all within the PIE construct. Ie no cash ISA but I consider it near enough risk free

[@Liamphotos]

Inflation is eating into my savings, and the rates just don’t seem to be keeping up.