MSE News: Top cash Isa from Santander to be withdrawn

edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
8 replies 2K views
Former_MSE_HelenFormer_MSE_Helen
2.4K Posts
edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
This is the discussion thread for the following MSE News Story:

"Savers need to be quick to get the market's top easy-access cash Isa, as Santander is withdrawing its Issue 3 Isa ..."

Replies

  • NarcNarc Forumite
    422 Posts
    Santander are a joke, they cut the rate on my ISA opened in April from ~3.3% to 0.1% (yes you read that right) in less than two months.
  • rb10rb10 Forumite
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    Narc wrote: »
    Santander are a joke, they cut the rate on my ISA opened in April from ~3.3% to 0.1% (yes you read that right) in less than two months.

    I think that you will find that you were mistaken.

    The only ISA that Santander had in April 2011 paying 3.3% was the Flexible ISA. This account is still paying 3.3%, and is guaranteed to pay at least Base Rate + 2.8% for 12 months.
  • moonrakerzmoonrakerz Forumite
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    MSE_Helen wrote: »
    "Savers need to be quick to get the market's top easy-access cash Isa, as Santander is withdrawing its Issue 3 Isa ..."

    Shame Santander aren't as quick as the savers need to be - I've been waiting 10 days for them to open my account !!!
  • DenebDeneb Forumite
    393 Posts
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    moonrakerz wrote: »
    Shame Santander aren't as quick as the savers need to be - I've been waiting 10 days for them to open my account !!!

    We applied for two ISAs yesterday evening - one for me and one for my wife, and they have both been opened and deposits transferred this morning.

    I did have a bit of trouble with the online application form though. It kept coming up with a system error. I must have filled the forms out about ten times before I managed to get both applications successfully submitted.
  • codetowncodetown Forumite
    685 Posts
    quick question:

    I am a A&L customer and am interested in the Flexible Isa Issue 3 (was just looking for an ISA this morning and now reading about it).
    Presumibly I can open it online (not tried, but will do it soon).

    But can anyone confirm how can I fund it?
    i have the funds available but not at A&L... so I need to transfer them .. or ....? Do they ask you during opening how to fund it?
  • t0rt0iset0rt0ise Forumite
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    codetown wrote: »
    quick question:

    I am a A&L customer and am interested in the Flexible Isa Issue 3 (was just looking for an ISA this morning and now reading about it).
    Presumibly I can open it online (not tried, but will do it soon).

    But can anyone confirm how can I fund it?
    i have the funds available but not at A&L... so I need to transfer them .. or ....? Do they ask you during opening how to fund it?
    I don't know with that one but I have opened two ISAs in the last few years, one managed with a bank transfer from my Smile current account, and the other asked me to send a cheque. Just work your way through the application form and see what it says.
  • poppy10_2poppy10_2 Forumite
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    Wouldn't go anywhere near Santander even if they were paying 10%. Truly awful customer service.
    poppy10
  • suelees1suelees1 Forumite
    1.6K Posts
    We missed out because of the system error kept coming up. I hadn't read it was being withdrawn so it was a blow this morning when went into open it. Still probably best considering the poor reviews it has.
    I'll get you, my pretty, and your little dog too!
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