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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.

by rosepetal 04 February 2010 |

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

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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 2 loves Report
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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 2 loves Report

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