We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Northern Rock ISA recommended !

I looked at the list of the best ISA's & decided to go for the Northern Rock ISA Breaker issue 2 (3%), filled in the application form, wrote a cheque out, sent it on Tuesday & received confirmation today that an account has been opened - how quick is that ???

Just waiting for the cheque to be cashed (is it 3 or 5 working days ?)

so for anyone considering which ISA to open, the NR has full marks from me so far !

1 Year Fixes:

3.00% :starmod: NEW :starmod:
Minimum deposit: £500.
Notes: Fixed until 15/07/2011.

(sorry i can't post the link, but it's in the "Mini Cash ISAs: The Best ISAs currently available List" thread)

:j

Comments

  • Lokolo_2
    Lokolo_2 Posts: 1,016 Forumite
    Part of the Furniture 500 Posts Name Dropper
    Cheques normally take 5 days to clear. I also have an ISA with Northern Rock, the Stepped 5yr ISA which was withdrawn just a bit ago, no regrets yet as the rate is starting to look good when you look at other Cash ISA rates!

    Year 1 3.5%, Year 2 4%, Year 3 4.5%, Year 4 5%, Year 5 5.5% :j
  • Funkyfreddy
    Funkyfreddy Posts: 375 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    hope_123 wrote: »
    [..]
    so for anyone considering which ISA to open, the NR has full marks from me so far !
    [..]

    My Dad also had good service from NR when he transfered from the Halifax to N Rock FRISA Issue 133.

    Initial application went posted on the 11/6
    Confirmation of receipt dated 16/6 received back 17/6
    Certificate of deposit dated 23/6 confirming transfer received 24/6

    Can't complain.

    My Mum received similar, although not quite as quick service when transferring from the Halifax to Aldermore a few weeks later (the above N Rock Issue had been withdrawn by then).

    FF
  • JohnG
    JohnG Posts: 477 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Thanks I'm going to look into this as the Post Office 3% 1 year fixed seems to of been withdrawn today?
  • JohnG
    JohnG Posts: 477 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    Sadly it doesnt allow ISA transfers from other providers which is what I'm looking for.:(
  • Funkyfreddy
    Funkyfreddy Posts: 375 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    JohnG wrote: »
    Sadly it doesnt allow ISA transfers from other providers which is what I'm looking for.:(

    To which product do you refer ?

    FF
  • Lokolo_2
    Lokolo_2 Posts: 1,016 Forumite
    Part of the Furniture 500 Posts Name Dropper
    To which product do you refer ?

    FF

    I believe he's refering to the product in the original post, the 3% ISA. As i've checked on the NR website and it does state
    transfers of Cash ISAs from other providers are not permitted

    I was quite chuffed that my Stepped ISA allowed transfers in, but shame you can't contribute more over the next few years!
  • Funkyfreddy
    Funkyfreddy Posts: 375 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    aaronmanz wrote: »
    I believe he's refering to the product in the original post, the 3% ISA. As i've checked on the NR website and it does state

    Ye, OK.

    The 1 year Fixed (issue 137) at 2.8% does though.

    As mentioned the experience my Dad has was good. We had looked at the Post Office 3% but decided against in favour of NR.

    FF
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.1K Banking & Borrowing
  • 253.5K Reduce Debt & Boost Income
  • 454.2K Spending & Discounts
  • 245.1K Work, Benefits & Business
  • 600.7K Mortgages, Homes & Bills
  • 177.4K Life & Family
  • 258.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.