Where Are You Transferring Your IceSave ISA's To?

Stompa

cottager wrote: »

In line with Stompa's experience I'll also pick up a couple of standard transfer forms from the branch tomorrow.

Despite what I was told, I'm not at all convinced that it's required for an Icesave transfer.

Megalomaniac

I'm really confused with this Icesave transfer stuff. I think I have messed up with the Halifax transfer. I opened a fixed rate ISA with them online but I think I should have rung them to open a 'transferable' style one. This means that my interest rate has dropped to 4% fixed from the 5.25% I opened with and probably will have to live with it. Thinking I am gonna just ring them up, explain the situation, and if they don't let me have it at 5.25%, I'll cancel it, fly to California for Christmas and reassess the market on my return when we can compare interest rates like for like.

margaretlouise

former_student wrote: »

Despite all that IceSave put us customers through, I plan to keep the bulk of my money in a bank, I am now deciding where to transfer my ISA to.

Have any IceSave customers with an ISA made a decision on this?

I haven't a clue how this forum works. I posted a reply to you yesterday but I cannot find it and am totally confused. I have received my money back from Icesave via FSCS but have no certificate to pass on to a new ISA provider. Should I have one? Do I just shop around for a new ISA and is there a time limit?

KingL

Your reply is #105 in this thread (scroll up and look at the numbers on the right hand side of each post).

Many people are waiting to receive their certificates. They are rumoured to be being sent out in the next few days.

You can open an new ISA to transfer your Icesave funds into at anytime upto 5th April 2009.

Yes, just shop around. A few places will let you open one before you receive your certificate (Scottish Widows, Halifax). If you can get a decent fixed rate, then so much the better

KingL

here are a couple of places you can look for the current deals:
http://www.moneyfacts.co.uk/500.aspx?aspxerrorpath=/money/savings/default.aspx
http://www.fsa.gov.uk/tables/

gowgowuk

I am obviously in the later lot for the FSCS certificate, having received my money 01 december... I'm slightly worried that it would not arrive before I leave for my holidays next week, so, I think I'll leave the money on my savings account (EGG 6.3% gross fixed) at least until next year. I might loose on fixed deals, but who knows what the situation is going to be like next year!

Stompa

This is really weird. I got my FSCS certificate this morning. It appears that the "Icesave ISA Reinstatement Certificate" that Halifax gave me to fill in (as described in post #110 above) was just an uncompleted copy of the actual certificate. Why on earth would they give me that?

KingL

When you mentioned it before I thought that #3 sounded suspiciously like the FSCS certificate.

I guess that it's just on their checklist of things they have to have received before the account is fully open. Just someone hasn't thought about where it originates from?!

LumpyCustard_2

gowgowuk wrote: »

I am obviously in the later lot for the FSCS certificate, having received my money 01 december... I'm slightly worried that it would not arrive before I leave for my holidays next week, so, I think I'll leave the money on my savings account (EGG 6.3% gross fixed) at least until next year. I might loose on fixed deals, but who knows what the situation is going to be like next year!

That's exactly the situation I'm in too. My money arrived 1st Dec also, no cert yet either, and since the rate of the ISA I opened for it has dropped significantly, I moved it to Egg instead. Towards the end of the tax year I'll review whether there are any good ISA rates going and take the decision on moving it then.

Arandorastar

I received my IceSave funds on 1st December, my wife on the 2nd. We've both received our ISA Reinstatement Certificates today. I'm now looking to transfer both into Saga Secure Saver ISA Accounts (currently 5.25%)