ISA Transfer to First Direct

morganpower

Great idea to transfer to the best rate on the market but they only allow transfers of up to £3000 plus any interest if this this years subscription.

They can't cope with trnsfers from accounts that has previous years subscriptions.

I have wasted! two hours on the phone to them trying to get an clear explanation..so any benefit that I would have got from the increase in interest rate has been wasted in phone calls, time, effort and stress!!!!!!!!!

ukric

oh heck, can you explain a bit more clearly as I've just sent off the form to do this :-s

Bun

I've applied online for this. My initial £3000 was from 2003/4 so does this rule me out?

Thanks

simonkirkland

Already been discussed here:

http://forums.moneysavingexpert.com/showthread.html?t=28198

£3000 (+interest if you are transferring) is the maximum they will take. If you apply now you can transfer (or open with cash) £3000 and then the same again after April 5th.

Simon