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Isa for this year

Hello

I wondered if anyone could help. I had 2 years isa allowance in a Halifax account however the rate has dropped to 0.5%.

I have had a look at Martins site and looks like the Natwest account is best for me.. however I am currently on a years holiday. I understand I can apply online but if I have to sign something they send in the post how does that work???

Any suggestions would be great.

J

Comments

  • Baldur
    Baldur Posts: 6,565 Forumite
    Janet123 wrote: »
    I wondered if anyone could help. I had 2 years isa allowance in a Halifax account however the rate has dropped to 0.5%.

    I have had a look at Martins site and looks like the Natwest account is best for me.. however I am currently on a years holiday. I understand I can apply online but if I have to sign something they send in the post how does that work?
    I presume that your year's holiday is abroad? You may need to provide documentary proof of ID, as well as signing the transfer form, etc. You would need to contact them for advice on your best way to proceed.

    If you are not already a Natwest customer, you have to open an instant access savings or current account before you can open their e-ISA, see http://www.natwest.com/personal/savings/g2/isas/e-isa.ashx?DCMP=ILC-PromoHPSmlBnr.
  • opinions4u
    opinions4u Posts: 19,411 Forumite
    edited 12 April 2009 at 8:32AM
    Janet123 wrote: »
    I wondered if anyone could help. I had 2 years isa allowance in a Halifax account however the rate has dropped to 0.5%.
    Ring Halifax on 08457 26 36 46 and ask them to transfer your account to ISA Direct Reward.

    International Dialling
    - (calls are charged at international rates)
    For all product areas - 0044 1133 809 574: 24 Hours

    No forms to fill in and it pays you 3% fixed (I'd hazard a guess Nat West will be reducing their rate soon anyway), allowing 4 withdrawals.

    Linky to the product here.

    Saves filling in lots of forms too.
  • Natwest Cash Isa Plus WON'T accept transfers in from previous years.
  • gunton10
    gunton10 Posts: 833 Forumite
    500 Posts
    opinions4u wrote: »
    Ring Halifax on 08457 26 36 46 and ask them to transfer your account to ISA Direct Reward.

    International Dialling
    - (calls are charged at international rates)
    For all product areas - 0044 1133 809 574: 24 Hours

    No forms to fill in and it pays you 3% fixed (I'd hazard a guess Nat West will be reducing their rate soon anyway), allowing 4 withdrawals.

    Linky to the product here.

    Saves filling in lots of forms too.


    can this be done without putting the £1000 in like it says or does past years isas count as the £1000?

    cheers
    Quidco
    Paid;£989.08 :D
    Total Earnt:£1061.59
  • Baldur
    Baldur Posts: 6,565 Forumite
    gunton10 wrote: »
    can this be done without putting the £1000 in like it says.......
    Yes - a friend recently completed the transfer form in branch to transfer 2008/9 Cash ISA funds. No subscription was made or required for the current tax year.
  • agsnu
    agsnu Posts: 1,457 Forumite
    Natwest Cash Isa Plus WON'T accept transfers in from previous years.

    No, but the e-ISA will, and for >£10k it pays 3.51% which is the same as the Cash ISA Plus.
  • Either go for the Halifax direct ISA or go for the fixed rate ISA, which I think off hand is slightly better rates than the direct ISA. Your whole ISA account will be transferred over to the new account, so its all very easy! (As long as you stay with the same bank!)
    Northern Ireland club member No 382 :j
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