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Topping up Santander 123 2 year ISA by 30th May[Someone tell the staff this]
funnyguy
Posts: 2,561 Forumite
My wife has the 3% 2 year 123 Major ISA that states you can top up by 30th May the full £5760 for this tax year.So I sent her to a Santander branch to do this this morning by cheque[as for some silly reason you cant top up online].The assistant said you cant top up these accounts as they are fixed [even though my wife explained it was the earlier one that you could]So I went with her to another branch armed with paperwork sent by H.O.,and again was denied paying any money in.Till I showed her the small print stating we could.So I suggest people take their paperwork with them if they are going to top up before 30th May.
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Comments
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You can top up on line, I did!!0
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Unfortunately this is a common misconception and I had to correct some colleagues on this recently.0
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Wish I knew that [topping up online].On the paperwork it is unclear and implies that you have to service account in branch.0
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I found out to my cost that you can only top up with new cash to the £5760 limit until the end of May. I was hoping to transfer in a previous year's ISA after about 3 weeks of opening - no joy.
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Phosphoric wrote: »I found out to my cost that you can only top up with new cash to the £5760 limit until the end of May. I was hoping to transfer in a previous year's ISA after about 3 weeks of opening - no joy.
It does say
Source: http://www.santander.co.uk/csgs/StaticBS?blobcol=urldata&blobheader=application%2Fpdf&blobkey=id&blobtable=MungoBlobs&blobwhere=1223430780883&cachecontrol=immediate&ssbinary=true&maxage=3600Cash ISA transfers in are allowed on the condition that the cash ISA transfer in application form is received within 14 days of account opening
Afraid, this information was there when you signed up, so it looks it's one for your "lessons learnt" box. Or, as I was told by one of my bosses many years ago: RTFM0
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