natwest isa

shazkhan111

i transferred an isa to natwest in november. Coming up to the new tax year i want to top it up.

What rate would i get on funds added? I am currently getting a 2% bonus on the balance i transferred.

alastair_h

You would get the current rate plus the bonus until that rate guarantee expires. This seems to be right looking at the t&c's for NW e-isa. What type of isa is it? Have you looked at the t&c's for that account?

http://www.natwest.com/personal/savings/g2/isas/cash-isa-plus.ashx#tabs=section3

Kavanne

shazkhan111 wrote: »

i transferred an isa to natwest in november. Coming up to the new tax year i want to top it up.

What rate would i get on funds added? I am currently getting a 2% bonus on the balance i transferred.

You will get the full bonus on the whole balance of your isa

shazkhan111

its the one when they had the offer for transfers at 7.32% on balances over £27,000. Currently paying:

Including 2% bonus (For ISA transfers requested 18 Sep to 9 Nov 2008)

BalanceAER
(variable)Gross RateNet Rate£27,000+4.05%3.98%N/A£18,000 - £26,9993.65%3.59%N/A£15,000 - £17,9993.39%3.34%N/A£9,000 - £14,9993.19%3.14%N/A£1 - £8,9993.04%3.00%N/A


I do remember reading somewhere that the rate and bonus is payable on the transfered balance only and new funds would get a lower interest rate however i cant find this anywhere.

alastair_h

Do you remember what the name of the ISA was?

simmey

I have been in branch to ask this same question, the answer was - we will receive the 2% bonus on this coming tax years' deposit up until the date we opened the account, ie November, 2009.

shazkhan111

hmmm, thanks for the comments