M&S Money 4% ISA

10_66

triplea35 wrote: »

What do people think, will M&S accept the full amonts?

From memory, one person posted that they'd been told it was unacceptable, but all other posts discussing this said that it would be acceptable.

sheslookinhot

triplea35 wrote: »

I applied towards the end of March and recently had a letter saying the they would be contacting First Direct to transfer my existing ISA. Other years ISA's are locked away in fixed term accounts at reasonable rates but last years allowance for my wife and I were in a Fixed rate regular saving account.
I had stated on the M&S application for the transfer to be the 16th April(on maturity)
Looking on the First Direct site today I see that it actually matured yesterday - 14th- and the interest has been added. I am aware that on maturity First Direct would transfer it to a standard rate variable cash Isa (with very poor rate) which appears to have been done as the online account shows that I could deposit this years £5100 allowance.
I have deposited this years allowance into both our accounts which as it was a transfer from our current account has cleared immediately.
I seem to recall someone discussing this earlier but cant locate it now, What do people think, will M&S accept the full amounts?

I applied on the 24 th March stating they should transfer on 30 days (wasn't quite sure of Maturity date, now know its 16-April). My LTSBFRISA matures tomorrow. I stuck £5,100 in on the 6 th April. Received a letter today stating that M&S had commenced the transfer process. They will transfer in the full amount.