Query Abbey cash isa,dubious agreement

talana

simon_templar wrote: »

People are quick to point the finger and slag off banks, sometimes they deserve it but in this case they dont. Nothing is dubious and there is no sharp practice, yet you claim there is. If you dont have the balls to apologize would you retract your incorrect aspertions?

Jeez, how do you cope with some of the truly outrageous posts on this forum when you get so wound up over something utterly trivial? Move on
Take a chill pill, look up the word dubious in a dictionary, and stop being so mardy!

Bossyboots

I'm definitely not a banker but I do think you should retract the accusations you made which are incorrect.

I queried this same paragraph when I took out my cash ISA (not with abbey) in the 2007/2008 year. After a discussion with the advisor who didn't actually know what the clause meant but said I couldn't have the ISA without it, she went to get the manager. He explained that the clause is simply that it allows them to roll it over in ISA form at the end of the term rather than having to convert it or transfer it to an tax bearing account. The wording is silly and ambiguous and I wasn't best pleased that the "advisor" didn't even understand it. She admitted at the time that she wished it had been explained to her in those terms before although she did say when I was checking through the paperwork I had been asked to sign that people don't usually bother reading it and just sign at the bottom.