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Transfer to natwest e-ISA

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  • theowl_2
    theowl_2 Posts: 196 Forumite
    Thanks, guys. Day one stuff! Think I had allowed myself to become too cynically tunnel visioned! Kavanne, was the missing end word from your post 'tw*t'? Ha ha!
  • Kavanne
    Kavanne Posts: 5,093 Forumite
    theowl wrote: »
    Thanks, guys. Day one stuff! Think I had allowed myself to become too cynically tunnel visioned! Kavanne, was the missing end word from your post 'tw*t'? Ha ha!
    Haha no I was going to elaborate but, sometimes, less is more!!
    Kavanne
    Nuns! Nuns! Reverse!

    'I do my job, do you do yours?'

  • The outcome of my branch-based investigation to the status of my e-ISA transfer can be found at the end of this thread: http://forums.moneysavingexpert.com/showthread.html?t=1792337&page=2
    I came, I saw, I saved.
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  • Dustykitten
    Dustykitten Posts: 16,507 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Eeeeeeeeeeeeeeeeeeeeeeeek

    The rates have dropped:

    http://www.natwest.com/personal/savings/g2/isas/e-isa.ashx#tabs=section2
    The birds of sadness may fly overhead but don't let them nest in your hair
  • WhiteSpace
    WhiteSpace Posts: 53 Forumite
    10 Posts
    edited 4 September 2009 at 9:41PM
    The rates have dropped:

    What were they before the drop? (Or is the first drop since the rates as given in May 2009?)
  • Dustykitten
    Dustykitten Posts: 16,507 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    This is the first drop for those who opened their ISAs before the cutoff date of 14 May
    The birds of sadness may fly overhead but don't let them nest in your hair
  • This is the first drop for those who opened their ISAs before the cutoff date of 14 May

    Ah I see... they've introduced a middle tier in their interest rates (£10,000 - £29,000) and effectively lowered the rates (by 0.25%) of this and the bottom tier (£0 - £9,999). The previous (top) rate is still available but only to those who fall in the top tier (£30,000+). Scoundrels!

    I thought the banks should inform you when interest rates change? (I had heard nothing!?)
  • Dustykitten
    Dustykitten Posts: 16,507 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    I saw it on another thread on here WhiteSpace but thought I'd put the link on this thread in case people are subscribed to it so hopefully will see it. I think they have to publish the changes in certain newspapers but I could be wrong.
    The birds of sadness may fly overhead but don't let them nest in your hair
  • bluejulie
    bluejulie Posts: 282 Forumite
    Part of the Furniture Combo Breaker
    edited 5 September 2009 at 2:04PM

    Isn't in better transferring to another ISA provider now?
    Manchester BS offers 3.26% AER at the moment.
    Does anyone now if charges are applicable if transferring from Natwest ISA to another bank?
  • WhiteSpace wrote: »
    Ah I see... they've introduced a middle tier in their interest rates (£10,000 - £29,000) and effectively lowered the rates (by 0.25%) of this and the bottom tier (£0 - £9,999). The previous (top) rate is still available but only to those who fall in the top tier (£30,000+). Scoundrels!

    I thought the banks should inform you when interest rates change? (I had heard nothing!?)

    And NatWest have got it wrong surely. The middle band should be £10,000 to £29,999. The change was published in the Daily Telegraph (business pages) on the day of the change - 4th September.
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