National Counties Building Society 3.7%

10_66

sheffieldeagle wrote: »

...Apologies for my naivety in these matters but I've not transferred before. Would it be possible to open this account now and transfer my current ISA balance (fixed term ends April 8th) later or does it need to be done on opening the account?...

No apologies needed, it's not a naive question .

You can do this, there is a section on the transfer form which allows you to either select the option of the account serving it's notice (and if it's a given date, you can write it on the form - and hope they take heed of it), or the option of immediate transfer. The only problem with the notice option is that if the account is withdrawn before the notice has expired, there's a possibility of them not honouring the account opening. I have an account where the bonus isn't due until 15 March and when I rang National Counties to see what would happen if the account was withdrawn before then, I was told that they only allow a certain window after the withdrawal date in which they would accept the transfer in. Problem was they couldn't say how long the window is, so, in my case, it was only about £10 I'd lose on the bonus (well £20 altogether as OH has the same), so I requested an immediate transfer instead to secure the account. Knowing my wretched luck the account will be available well after my bonus would have been due (it irks me to lose money!).

Stompa

10_66 wrote: »

I was told that they only allow a certain window after the withdrawal date in which they would accept the transfer in. Problem was they couldn't say how long the window is...

FWIW they say here:

http://www.ncbs.co.uk/UploadedFiles/Fixed-Rate-Cash-ISA-Product-Pack-5th-Issue.pdf?&sID=575

As transfers may take time to complete, we guarantee that they will be accepted up to 28 calendar days from the date your account is opened, even if your issue is withdrawn in the meantime. If your Fixed Rate Cash ISA is being opened only with money transferred from your existing ISA(s), the guaranteed acceptance period for these transfers applies from the date we receive your application form.

Your present ISA provider will make the transfer, in accordance with their terms and conditions, which may take up to 15 business days in addition to any notice period that may be required and they may make a charge for the transfer.

evenasus

I've only just seen this thread and it's a good offer from National Counties.

I'll ring them on Monday when they open, as I'd like to know if it's possible to transfer two ISAs from two different banks.
Looking at the form, there is space for only one ISA provider transfer sum to be entered.

10_66

Stompa wrote: »

FWIW they say here:

http://www.ncbs.co.uk/UploadedFiles/Fixed-Rate-Cash-ISA-Product-Pack-5th-Issue.pdf?&sID=575

As transfers may take time to complete, we guarantee that they will be accepted up to 28 calendar days from the date your account is opened, even if your issue is withdrawn in the meantime. If your Fixed Rate Cash ISA is being opened only with money transferred from your existing ISA(s), the guaranteed acceptance period for these transfers applies from the date we receive your application form.

Your present ISA provider will make the transfer, in accordance with their terms and conditions, which may take up to 15 business days in addition to any notice period that may be required and they may make a charge for the transfer.

Flippin' heck. There's £20 down the swanny then . Oh well, I'll have to comfort myself with the £200 from the Co-op switch Bank Account and pretend it was only £180 instead!


......

Deneb

evenasus wrote: »

I've only just seen this thread and it's a good offer from National Counties.

I'll ring them on Monday when they open, as I'd like to know if it's possible to transfer two ISAs from two different banks.
Looking at the form, there is space for only one ISA provider transfer sum to be entered.

You need to submit a separate ISA Transfer Form for each ISA that you want to transfer - one account application form for the new account, and one ISA transfer form per ISA.

alkeddie

Hello all,

This is my first time posting here but I've visited many times for the useful advice provided!

Apologies if my question has been answered before but I did a quick search and couldn't see anything about it.

My partner and I have a little spare cash and are looking to invest in an ISA rather than overpaying on our mortgage. Since the interest rate on this ISA is better than the rate on our mortgage this would seem like a good place to invest. According to the Ts&Cs you can have a joint ISA with the NCBS. However, my partner has already invested in an ISA this year (I haven't). Does anyone know if she'll be able to invest as joint holder in another or if I'm going to have to go it alone?

Thanks in advance,
Ali

10_66

alkeddie wrote: »

...According to the Ts&Cs you can have a joint ISA with the NCBS. However, my partner has already invested in an ISA this year (I haven't). Does anyone know if she'll be able to invest as joint holder in another or if I'm going to have to go it alone?...

Definitely not. Are you sure you've read you can have a joint ISA on their website, because as far as I'm aware, you are not allowed to hold joint cash ISAs.

MoneySaverLog

I'm getting 3.35% instant access with the AA at the moment and was looking at this as only have to give 99 days notice. However, we are coming close to the ISA season and was wondering if there would be better rates coming out then. And get stuck in this ISA, all be it for the 99 days. This may cause problems should I want to transfer then.

I'm really looking for a 5% fixed rate, probably over 4-5years, for this years allowance and another ISA for the new tax year, where I can add to it monthly.

I know it's crystal ball stuff, but going to wait I think.

alkeddie

Having had another look at the document (Fixed-Rate-Cash-ISA-Product-Pack-5th-Issue.pdf on their website) I think you're right. This document seems to cover ISAs but has a section called "General Conditions" that I think applies to all their savings accounts. Presumably the joint accounts referenced here only apply to their other savings accounts.

MoneySaverLog

alkeddie wrote: »

Presumably the joint accounts referenced here only apply to their other savings accounts.

Indeed you cannot have a joint "Individual Savings Account"