Nationwide e-isa to Nationwide e-isa?!

Doshwaster

Yes, it looks like the only way to do this is by paper application. I have just sent off for the transfer forms. Hopefully it should be a quicker process than an external transfer.

le_loup

Oh for goodness sake!
Read the posts. I've tried to help. But some don't want to take it.
If you have an online account you can do it online.

Gizmo70

I have just recently gone through the process myself of changing from the 1st issue to 3rd issue of the Nationwide e-ISA.
1/ You open the new e-ISA from the website.
You then have two options:
2a/ If you want to keep both accounts open, then, once the new account shows up on internet banking, you can use the internet banking transfer.
2b/ If you want to move the funds and close the old account, you have to use the internal transfer/account consolidation form which is available from your local branch or by filling in a request for it on the website. You do need to know both account numbers so you have to wait for the opening confirmation letter to come through for the new account. You can then return the form - if done at a local branch they usually check it is completed correctly.

I did the option 2b, opened the new e-ISA on 8th Feb, got my letter on 14th, handed the internal transfer form into my local branch on the same day and my old account had been consolidated into the new account by 15th.

My local branch did seem to know more about the process than the Nationwide call centre though perhaps not all that surprising.

gwapenut

I'm sure you can do it ... but it will probably take them several months, based on my last experience with their internal transfers.

Bunch of clowns.

le_loup

Well I did two of them, It took precisely two days and it was backdated to the date of handing the forms in.

Gizmo70

Yeah, I can confirm that mine was back dated to the date I handed the form in too.

draper29

It can be done of course.

look here http://www.nationwide.co.uk/savings/legal.htm?acc=isas

The following conditions apply to the e-ISA only.

49. Transfers from one e-ISA to another e-ISA can only be carried out on the Nationwide Internet Bank

Simples

typistretired

I wish I had seen this post last week. I wanted to transfer my eisa paying 2.75% to the 2.90% as I have a few years isas in it. I opened the new eisa online, applied for the internal transfer isa form. Completed the form when it came but as it did not have a box for eisa, only easy access isa, I attached a note stating that I had opened the eisa online already and wanted my existing eisa transferred into. Today I received a letter from them stating my eisa had been closed on 1st March 2011 and it showed closing balance with interest. When I contacted them by phone today they stated my eisa had been transferred into a branch passbook which as you know pays a pittance and I would have to complete another form to have it moved to an eisa by going into a branch. Why if the accounts are online do you have to complete forms surely everything should be done online and if they need any signatures from you they can be completed after. I am awaiting a phone call back from them on Monday to see if they sort this mess out which is all theirs as I gave them all the facts. Think I will looking to transfer to another provider after this!!!

K9ine

An interesting quirk with Nationwide is that they do allow you to add funds to different ISAs in the same tax year. For example you can add £2000 to a Members ISA Bond and also within the same tax year add £1000 to a different Variable Rate ISA. I'm therefore fairly certain that Nationwide may offer different accounts with ISA in the title but they can all be combined into what I will call a 'Super ISA Wrapper'.