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Quick question...
emj83
Posts: 84 Forumite
Hi,
This may be a stupid question..... I have an e-ISA with Nationwide and the "bonus" interest rate is due to end in June, this was opened last tax year.
NW offer a rate of 3.1% to existing customers if they open a new e-isa and the account allows transfers in.
My question is can i open a new e-isa with NW (even if I have one with them) to get the bonus rate and then transfer in the old NW e-ISA???
Many thanks in advance Emma
This may be a stupid question..... I have an e-ISA with Nationwide and the "bonus" interest rate is due to end in June, this was opened last tax year.
NW offer a rate of 3.1% to existing customers if they open a new e-isa and the account allows transfers in.
My question is can i open a new e-isa with NW (even if I have one with them) to get the bonus rate and then transfer in the old NW e-ISA???
Many thanks in advance Emma
0
Comments
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Yes, you can.
Or at least it doesn't say you can't.
http://www.nationwide.co.uk/savings/cash_isa/eisa/default.htm?intcmp=Intcmp_0469
http://www.nationwide.co.uk/savings/cash_isa/eisa/isainternaltransfers.htmNever argue with stupid people, they will drag you down to their level and then beat you with experience.- Mark TwainArguing with idiots is like playing chess with a pigeon: no matter how good you are at chess, its just going to knock over the pieces and strut around like its victorious.0 -
You don't need to wait, the current bonus rate will be paid up to the date of transfer, after which the new rate will apply.My question is can i open a new e-isa with NW (even if I have one with them) to get the bonus rate and then transfer in the old NW e-ISA?
You can simply transfer your old account to a new one, see http://www.nationwide.co.uk/savings/cash_isa/eisa/isainternaltransfers.htm0 -
Thanks for the responses :-)0
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I've just transferred a Santander ISA into this Nationwide account, went through very quickly.
When another Nationwide ISA matures (December), I hope to add to the eISA.
Good luck0
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