Anyone got a Help To Buy ISA?

rninja

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Hi people,
does anyone else have a Help to Buy ISA at the moment?
Santander are reducing my interest from 2.75% to 0.75% on 03 Aug 20. So, looking for a new home for my £££.
 

PhilE

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You can't get Help to Buy ISA's anymore, if you qualify you may be able to transfer some of your money to a LISA, otherwise you might be stuck with your current provider. If you move the money elsewhere you'll lose the government 25% bonus - which may well be bigger than the loss in interest of leaving it were it is.

Disclaimer - above is based on my "lay persons" understanding, certainly not financial advice!!
 
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rninja

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@PhilE, you can't open a new HTB ISA now, but you can transfer an existing account that was opened before the December 2019 cut off point.
 

Karonher

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My Halifax one is 2.25% but I don't know if that applies to transfers or just existing accounts.
 

Dmelom

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I have a help to buy one but like somebody has said you can't get one anymore.
 

Karonher

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It must just be due to mine being an ongoing account. Sorry if I have missed something but what would be the problem going to the branch - distance, travel issues?
 

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