I have had a cash ISA with the C&G for many years. Would it be better for me to transfer to another provider now or wait to see who takes over C&G.

rosepetal
by rosepetal 04 February 2010  |  Comments 2 comments  |  Love Love  0 loves

I ask because when Lloyds TSB took over C&G I had a bonus payment.

Report

Enjoyed this? Show it some love

Twitter
General

Comments (2)

  • MikeGG1
    Love rating 804
    MikeGG1 posted

    You got the bonus because C&G were a mutual and that was their way of paying you for your share in the organisation.

    That will not happen again because they already own it so it is theirs to do with as they please.

    Mike

    Posted on 04 February 2010 | Love Love  2 loves Report
  • manzanilla
    Love rating 410
    manzanilla posted

    Well it is very possible that Lloyds will be made to hive off C&G. But that doesn't mean that you will get any bonus. I think you should look at the best buy ISA tables and move your ISA asap as it is getting a truly pathetic interest rate at the moment. This ISA looks promising: http://www.aldermore.co.uk/savings/cash-isa.aspx

    manzanilla

    Posted on 04 February 2010 | Love Love  2 loves Report

Post an answer

Sign in or register to post an answer.

Something you're dying to ask... or answer?

Register with lovemoney.com to start asking and answering questions on Q&A.

Get started now

Sign in for a better Q&A

Registered already? Great! You can just sign in to ask and answer questions.

Sign in
W3C  Thank you for using The Four Horsemen of the Apocalypse