You could also save money on share dealing. You will never pay more than £11.95 per deal online and, if you deal frequently, you pay as little as £5.95 a deal. Furthermore, we take into consideration the number of deals across all your accounts – Vantage SIPP, Vantage ISA and Vantage Fund & Share Account – applying the new lower tariff across all your Vantage accounts in the following month. Placing all your share deals in Vantage could help cut your costs.
The Cash ISA market is littered with eye-catching offers with caveats in the small print stating rates will only last a short period. Few savers realize that the average Cash ISA (many of which offered attractive rates at launch) now pays only 0.66%.
The Vantage Cash ISA is different. It offers an interest rate of 2% (tax-free). There is no introductory bonus to be withdrawn after a few months. Instead, we believe that paying a competitive rate over the longer term will allow our clients to generate higher returns without the need to constantly move account.
Your money will be held with Lloyds and our arrangement with them pegs the interest rate to the Bank of England Base Rate, so the rate we ” companies listed to the right. If you can’t see your existing provider listed, you can still transfer to Vantage, but you should contact them to confirm the terms before returning your transfer form. If there are any transfer fees, we might be able to contribute towards them if you act by 29 August; contact our Transfer Helpdesk on 0117 980 9988.
Once you have read the enclosed Key Features and Terms & Conditions, complete one of the enclosed transfer forms:
Stocks & Shares ISA transfer form p4
Fund & Share transfer form (non-ISA) p9
Cash ISA transfer form p15
Pension transfer form p10-13
pay wilt only change when the Base Rate changes. If this link is amended we will write to savers with three months’ notice, giving you time to consider your options.
As well as the variable rate we also offer higher fixed-rate deals for savers happy to commit their capital for longer periods. Our latest fixed rates have recently closed, but we wilt announce our new fixed rates in mid-September, so if you have Cash ISAs held elsewhere you could transfer them now so you are ready to act.
The Vantage Cash ISA is open to new money and transfers of existing Cash ISAs, but before you apply please read the enclosed Key Features and Terms & Conditions. Further information and an application form can be found on page 15 of the enclosed booklet.