Trading 212 Cash ISA Is HERE! What's The Catch?
ฝัง
- เผยแพร่เมื่อ 21 พ.ค. 2024
- The Trading 212 Cash ISA is HERE! The Trading 212 Cash ISA is Trading 212’s latest offering paying 5.2% APY on all deposits. Today I’ll show you how to set up the Cash ISA, the features, benefits and how it links to your Trading 212 Stocks and Shares ISA and your Trading 212 Invest account too.
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💰 Get Access To The Trading 212 Cash ISA & Get One FREE Share Valued Up To £100 With Trading 212 Use PROMO Code “MITCH”: trading212.com/promocodes/MITCH
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📱Trading 212 ISA Transfer Guide
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Disclaimer: Your capital is at risk. Some of these links may be affiliate links. If you purchase a product or service using one of these links, I will receive a small commission from the seller. There will be no additional charge for you.
*Disclaimer: This video does not represent financial advice, and I am not a financial advisor. When investing, your capital is at risk. Investments can rise and fall and you may get back less than you invested. Past performance is no guarantee of future results. Free shares can be fractional. *Terms and fees apply - www.trading212.com/terms/invest.
Disclaimer: All ideas presented within this video are that of my own based on my own opinions. Please do not consider any of these videos as financial advice as I am NOT a financial advisor. All financial decisions and choices made are solely your responsibility. The views shared in this video are just for entertainment purposes only. When investing, your capital is at risk and can go up in value as well as down in value. You should consult a suitably qualified professional when seeking out investment advice in order to fully understand the risks associated with investing.
To get 5.2% Cash ISA and recieve 1 FREE share valued up to £100 click on the following link. You must also have a Trading 212 Invest or Stocks ISA and deposit £1 in order to receive the free share!
Unfortunately when you try to withdraw back to your bank account, it takes 3 business days, so unlike your savings account at your bank, you can’t withdraw in an emergency. Just be aware of this.
Honestly, I'm unsure if investing is a wise move right now. Take note of how frequently things fail. As I still have some time before I retire, I'm still looking for a better strategy to invest my money despite reading charts and predictions from well-known investors from the past and present. In order to generate passive income, I want to build a solid and reliable portfolio.
How are they able to give 5.2 % ? How are they making money of it? Now The current Bank of England base rate is 5.25%, what if this rate goes to 3 %? Thank you
Have you mentioned that if you opt to gain interest on your money they won't be kept in an bank but invested, and you will lose FSCS protection? So you could potentially lose all the uninvested money if the company were to.go.bust.
I have a question, I'm currently already using a T212 stock ISA which I deposit quite a lot in it, and any uninvested cash also generates interest, so how is this uninvested cash any different from the cash in the cash ISA then? Can I keep it simple and just use the stock ISA as a cash ISA in this way?
The only problem is that the withdrawals are not instant, so you'll be waiting a couple of working days to receive your money back.
It looked like it wont impact the allowance if the money is in free funds in the stocks isa. But what If I have £5000 already invested in the stocks isa, could I take it out and move it to the cash isa without impacting my allowance?
Ive been adding cash to my stocks isa and still getting the 5.2%. should i be putting it into the cash isa instead 🤔 im guessing the cash isa comes with that safty net of upto 85k
So in England a total of £20.000 of your private assets is free of taxes?
What’s the difference from keeping cash in the Stocks and Shares ISA account? They’re both same % growth?
Great video thanks, keep this up, clear
Thanks Mitch. Great video as always mate 👍 T212 are really upping the game, love the new Cash ISA 😎
Hi great video, would leaving my emergency fund in cash isa be ideal as I’m currently just leaving my emergency fund in a saving account?
Thanks Mitch for the great video! A quick question, is cash ISA also protected by FSCS or it is only share ISA. I’m not able to find that info even checked on FSCS site. Thanks!
Great video, thanks. As its not a fixed rate ISA, can the interest rate change (go down)?
Will the interest paid daily also earn 5.2% interest after.
Hi Mitch, great video.
Great video as always mate. 😊
Shifted my savings over from Chip yesterday, great option really. So easy to setup too.