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Barclays new cash Isa news disussion

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Comments

  • Paul_Herring
    Paul_Herring Posts: 7,484 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    [...]be warned that MoneySavers have reported major delays and problems opening Barclays Isas for the past two years.

    However, the bank claims it has improved service so savers will not encounter similar problems this time.
    I'm sure that's what they said last year.
    Conjugating the verb 'to be":
    -o I am humble -o You are attention seeking -o She is Nadine Dorries
  • antispam246
    antispam246 Posts: 941 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Can't transfer in, otherwise would've be ideal. Suffered zero problems last year, would have been nice if they gave a tranfer-in option atleast for existing Barclays ISA subscribers.
  • Cashpig74
    Cashpig74 Posts: 284 Forumite
    Nothing a high street bank is gonna offer by way of investment will be any good - look for a business opportunity if you wanna make money.
  • Actually, it does allow transfers in, if you haven't used more than half this years allowance. The Golden Isa terms and conditions, third paragraph, last two sentences state:

    "Transfers of funds currently held in another ISA either with us or another ISA manager are not allowed into the Golden ISA unless forming part of your annual subscription allowance. This condition replaces condition 2.3 of the General ISA Terms and Condtions."

    So if you have £1800 or less in an existing ISA for the current tax year, you can transfer that into the Golden ISA.
  • Actually, it does allow transfers in, if you haven't used more than half this years allowance. The Golden Isa terms and conditions, third paragraph, last two sentences state:

    "Transfers of funds currently held in another ISA either with us or another ISA manager are not allowed into the Golden ISA unless forming part of your annual subscription allowance. This condition replaces condition 2.3 of the General ISA Terms and Condtions."

    So if you have £1800 or less in an existing ISA for the current tax year, you can transfer that into the Golden ISA.

    But only by closing your current ISA and opening a new one.
  • Wig
    Wig Posts: 14,139 Forumite
    Actually, it does allow transfers in, if you haven't used more than half this years allowance. The Golden Isa terms and conditions, third paragraph, last two sentences state:

    "Transfers of funds currently held in another ISA either with us or another ISA manager are not allowed into the Golden ISA unless forming part of your annual subscription allowance. This condition replaces condition 2.3 of the General ISA Terms and Condtions."

    So if you have £1800 or less in an existing ISA for the current tax year, you can transfer that into the Golden ISA.

    Which is saying (effectively) you can close an existing ISA and open this new one with an opening balance of upto 3,600 - it can be 3600 providing you have not used any of this years allowance.. It would probably be quicker for you to close an existing ISA and transfer the funds yourself rather than go through an y funds transfer procedure.
  • tuggy12
    tuggy12 Posts: 1,314 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    I have been trying to access the Barclays Golden ISA link on this page for the last few days without success.
    Have called the Barclays online help desk three times this morning for assistance in opening up on online ISA and was cut off each time!!
    I am a Barclays online current account holder, so I'm less than impressed with this experience.
    Has anyone been able to open an online Barclays Golden ISA in the last days or so?
  • loulou41
    loulou41 Posts: 2,871 Forumite
    Yes, I did open one last week with no problem. However I did find out that I phoned the help desk to query why I do not seem to be able to register my husband's account online, I was cut off.
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