| |
Major Site Upgrade in Progress |
 |
|
 |
|
Shahla
Money Managing Guru
Joined: 13 Nov 2004
Posts: 3324
Cash Points ££ 126163.28
|
|
|
 |
|
 |
|
 Posted: Wed Mar 21, 2007 3:31 am Post subject: Barclays Bank launches 6.5% Best Cash ISA on the market |
 |
|
|
 |
|
 |
|
|
|
|
With less than a month left for UK consumers to make the most of their current tax-free ISA savings allowance, Barclays from Friday 16th March introduces a new cash ISA paying 6.50 per cent AER interest. Customers are able to save from as little as £1 and up to £3,000 in each tax year.
Andrew Jones, Barclays Product Director, said: “This is the best no catches cash ISA rate to hit the high street this year. Interest rates have been going up in recent months but until recently the best AER you could get on a cash ISA was below 6 per cent.
“We believe that this ISA at 6.5 per cent offers the best ISA rate to the greatest number of people on the market – it's available from £1, where many ISA's at this rate require upwards of £500; it's not linked to the opening of another account like some of the recent “so-called” best rate ISA's and you're not tied to direct only servicing as it is available through all our branches as well.”
Savers who already have an ISA in the current tax year will still be able to take advantage of the Tax Beater Cash ISA from 6th April. See table 1 for competitor information.
Features for Barclays ‘Tax Beater Cash ISA':
Interest rate of 6.50 per cent AER/6.31% tax free (variable)
Rate includes an introductory bonus of 1 per cent payable for the first 12 months.
Minimum balance £1, maximum deposit £3,000 per tax year
Instant access
Transfers from existing cash ISA's not allowed.
The account can be opened in branch or applications can be obtained online or by phoning.
At the same time Barclays is launching a further two saving accounts available to all customers through the branch network:
The new ‘instant access' account is Day to Day Savings which allows instant access on savings of £1 or more. The flat interest rate of 4 per cent AER is the highest rate of the main banks for branch based accounts on the high street. Details are:
It pays a flat rate of interest of 4 per cent AER on any investment over £1
Comes with an ATM card
Instant access with no loss of interest for withdrawals
Designed to encourage people to put money aside for their day to day savings needs, it's just one step away from a current account.
Can be operated via branch and for Barclays current account customers via phone or online
See table 2 for competitor information
The new ‘serious savings' account is about longer term savings, and is aimed at those saving for a purpose, wanting a monthly income and needing occasional access to their savings. The account is called ‘Savings Builder'.
Pays a higher rate from 4.50 per cent AER on £10,000 savings up to 5 per cent AER on £250,000.
Lower rates apply for each month where withdrawals are made (see table 3 for competitor information and table 4 for all rates).
All of the new accounts can be operated through Barclays branches or application via telephone or internet banking. The Barclays Tax Beater Cash ISA and other new account details can be found at: www.barclays.co.uk or by telephoning 0845 300 5854 or by visiting a Barclays branch.
Barclays also offers a full range of investment ISA's either online for customers to choose or with advice via Barclays Financial Planning.
By Shahla Walayat
http://www.moneyforums.co.uk |
|
|
|
|
|
|
|
|
|
|
Shahla
Money Managing Guru
Joined: 13 Nov 2004
Posts: 3324
Cash Points ££ 126163.28
|
|
|
|
|
|
|
| Posted: Tue May 29, 2007 5:52 am Post subject: |
|
|
|
|
|
|
|
|
|
|
There is heavy demand for the barclays cash isa
Please take note of the following announcement by Barclays
Our Tax Beater Cash ISA was withdrawn from sale at close of business on Tuesday 15 May 2007. Instead, take a look at our other tax-free savings.
Still got your application?
If you have printed off your application form, or picked up a form in branch, and not yet returned this to us you still have time.
Existing Customers
Completed application forms can be posted to us to arrive no later than Wednesday 30 May 2007. Send your form to:
Barclays ISA
Freepost RRGK-YYAS-LTST
Barclays Service Centre
Glasgow
G58 1AA
Alternatively, you can hand in your application form at any Barclays branch no later than Tuesday 29 May 2007 and we will post it for you.
New Customers
If you are not currently a Barclays customer you will need to visit one of our branches with your identification and address verification documentation and your completed application form no later than close of business on Tuesday 29 May 2007. Details of suitable documentation are given within your application pack.
If your application is received between now and 30 May 2007, you should receive notification of your account details by the end of June.
SO YOU HAVE TODAY TO HAND DELIVER TO A BARCLAYS BRANCH ! |
|
|
|
|
|
|
|
|
|
|
Sarah
Money Manager
Joined: 16 Jul 2004
Posts: 831
Cash Points ££ 12024.38
|
|
|
|
|
|
|
| Posted: Wed Jun 13, 2007 4:25 am Post subject: Barclays update |
|
|
|
|
|
|
|
|
|
|
Wait until end of june before chasing up
Tax Beater Cash ISA
Our Tax Beater Cash ISA was withdrawn from sale at close of business on Tuesday 15 May 2007. Instead, take a look at our other tax-free savings. You can also see the current Tax Beater Cash ISA interest rate.
Have you already applied for a Tax Beater Cash ISA for the 2007/2008 Tax Year?
Due to a high demand for our Tax Beater Cash ISA, you may experience a delay in hearing from us. We are working very hard to ensure applications are processed as quickly as possible and interest calculations on your initial deposit will be backdated to the date we received your application - so you won’t miss out on a thing.
Applications received before 15 May 2007
You should receive notification of your account details by the end of June.
Want to top up your Tax Beater Cash ISA?
You can continue to make deposits into your Tax Beater Cash ISA, up to your tax free savings allowance of £3,000 for the current tax year.
If you want to add to your initial deposit but haven’t yet received through your account details, please call into any of our branches where we will be able to assist you to make your deposit. Deposits can be made by transfer from another Barclays personal current or savings account in your name or by cheque.
If you have received your account details you can add to your initial deposit by transfer from another Barclays personal current or savings account in your name at any of our branches, by phone and by post. Alternatively you can send us a cheque in the post using the freepost envelope provided in your Welcome Pack. |
|
|
|
|
|
|
 |
Online Finance Tools & Calculators |
 |
| Credit Score Calculator |
Easy to use online Credit Scoring tool - Calculate your credit score now online for FREE ! using the Moneyforums.co.uk credit scoring tool. Also TEN Tips on improving and mainting a good credit rating ! |
|
| Quick Health Calculator |
Easy to use quick health calculator to help you get started on the path to fitness. Calculates your body mass index (BMI). |
|
| "When will I die ?" Calculator |
Calculate when will you die based on your current life style and then more importantly what you can do about extending your lifespan ! |
|
| Mortgage Calculator |
Easy to use online Mortgage calculator tool - Calculate how long it will take to pay off your mortgage and what your monthly repayments will be as well as interest charged per month per each year. |
|
| Savings Calculator |
Use the flexible savings calculator to estimate the amount of interest you would earn given a level of monthly savings, with many optional settings. |
|
| UK Tax Calculator |
Check your tax and NI liability using this easy to use online tool. Outputs, Tax, Ni, Net pay and gross pay on an annual, monthly and weekly basis, also estimates your tax burden and the number of days a year you work for the tax man ! Plus lots of tax saving tips. |
|
|
 |
|
 |
|
Money
Forums Guides |
|
| Credit
Card Stoozing |
The
following guide explains the basics of credit
card stoozing in a step by step basis. |
|
| Discount
Vouchers |
Online
discount vouchers giving upto
50% off in stores such as Dixons,
Tesco, Avon, Currys, Boden and more. Many
of the vouchers are time limited - So check
back regularly |
|
| Money
Saving Guide |
Guide
to saving money on household bills & personal
finances - Start saving thousands of £'s
every year TODAY ! |
|
| Savings
Tree |
A
guide to Savings Accounts, from Cash ISA's to
Regular Savers to Premium Bonds, all explained
in an easy to understand manner. |
|
|
Users
Groups | Profile
| Messages
| FAQ | Sponsers
& Links | Member
list | Recommend this site | Top Money Saving Sitee
© 2004 - 2007 Moneyforums.co.uk / Market Oracle Ltd - Asserts copyright on all topics & posts made on this site. Moneyforums are open forums, and thus posts are NOT endorsed by Moneyforums.co.uk / Market Oracle Ltd . Any and all information provided within the Website is for general information purposes only and nor is or shall be deemed to constitute, financial or other advice. We recommend that independent professional advice is obtained before you purchase any product and/or service. All tools and guides are provided as is for general information purposes only.
|
 |
Website Designed and Mantained by Walsoft.net |
 |
| |
