Nationwide e-ISA bonus extended? from 31 July to 31 Aug 2012?

SimonM_2

Nationwide were advertising that their 3.10% AER Cash e-ISA account had an expiry date of 31/07/2012 but checking it this morning just after midnight the savings rates table at http://www.nationwide.co.uk/savings/cash_isa/cash-isa.htm and the page to check current and old rates at http://www.nationwide.co.uk/savings/all_accounts/all_accounts.htm is now listing 31/08/2012 as the expiry date instead, and the 31/07/2012 expiry date has been removed from the drop down list which is how you're meant to pick your account to see what your current rate it. Strangely the graphics on the site did say 31st July 2012 but they too have updated to August I've clicked around a few pages.

Does anyone know if this date applies to both the 2010/2011 tax year customers (who applied within the last couple of months since the offer was running) and also to 2011/2012 tax year ones? I believe they upped the rate a few weeks back for people who had already taken an account out, so seems this may be yet another "improvement"?

alanq

"Nationwide BS


E-ISA introductory 1.35% bonus extended to 31.8.12 (previously 31.7.12) for accounts opened from 6.4.11. Headline rate remains 3.10%."

https://www.emoneyfacts.co.uk/news/savings-news.aspx?newsarticleid=204296

MickBee

For those of us with an earlier e-ISA, with bonuses expiring in June 2011 or December 2011, it is possible to transfer to the new, higher bonus e-ISA online.

The website doesn't make it obvious, but I phoned yesterday & was given guidance; I have had an email today to say that the transfer has been made.

What you need to do is to click the "Apply Now" button, confirm that you have the appropriate card account (Ready to Apply?), and click NO to "Transfer from another provider?" At this point, another option appears "Transfer an existing Nationwide e-ISA ..." You need to enter the number of your existing e-ISA (only the 9 digits after /) and your address & NINO.

Worryingly, you do not have to Log-in to your e-savings account - this seems to be a security issue that I have reported to Nationwide (even if changing your ISA to better rate is doing you a kindness.)

Of course, Nationwide could have automatically uprated the existing e-ISA; that would have required them to act in the interests of their members.