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Santander 2year fixed isa @ 4%

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  • savetilibleed
    savetilibleed Posts: 1,363 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    sorcerer wrote: »
    Did they tell you the transfer had happened or did you just see the money turn up in your account?
    Nope - I saw it turn up in the account! I guess they will write!
  • KonkyWonky
    KonkyWonky Posts: 650 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    I upgraded my current Santander ISA to the 2 year fix in branch earlier today and it looks to have updated already for online banking.

    As Santander paid the interest on ISA's at the start of the month I would have thought that they would/should have added the due interest immediately? If not when are they likely to pay the interest due?

    Thanks in advance.
  • Richchad
    Richchad Posts: 554 Forumite
    Part of the Furniture 500 Posts Photogenic Name Dropper
    Both our ISAs have now been transferred from Barclays, had letters from Barclays showing interest up to closure date.

    Also had letters from Santander stating that they have transferred x amount from Barclays and that the interest will be calculated from date of closure of account where transferred from...

    Hope this helps.... ;)
  • KonkyWonky
    KonkyWonky Posts: 650 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    Richchad wrote: »
    Both our ISAs have now been transferred from Barclays, had letters from Barclays showing interest up to closure date.

    Also had letters from Santander stating that they have transferred x amount from Barclays and that the interest will be calculated from date of closure of account where transferred from...

    Hope this helps.... ;)

    Not really what I am after mate but thanks anyway.

    Santander have already paid the interest due up until 3rd March 2012. Since I upgraded the account today I thought they would pay the interest due from 4th March until today.
  • whiteside
    whiteside Posts: 39 Forumite
    KonkyWonky wrote: »
    I upgraded my current Santander ISA to the 2 year fix in branch earlier today and it looks to have updated already for online banking.

    As Santander paid the interest on ISA's at the start of the month I would have thought that they would/should have added the due interest immediately? If not when are they likely to pay the interest due?

    Thanks in advance.

    The additional interest should show as added on your Internet banking the next day. Not sure if it makes any difference that tomorrow is Saturday in your example but check tomorrow and if no joy the it should definitely show on Monday.
  • OnlyMe_08
    OnlyMe_08 Posts: 283 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    OnlyMe_08 wrote: »
    Well, I've finally received my welcome email following several days of silence (they must be busy), confirming opening of new ISA account (assume no further ID checks?). Would I also receive a welcome pack in the post?
    Thanks

    I don't remember a reply to the above. If I should also receive a welcome pack, it may have been intercepted, in which case I'll need to report it.

    Also, I noticed my Halifax ISA disappeared from my accounts but not yet seen the funds credit my Santander ISA. How many days in transit should it take?
  • evenasus
    evenasus Posts: 11,866 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    OnlyMe_08 wrote: »
    Also, I noticed my Halifax ISA disappeared from my accounts but not yet seen the funds credit my Santander ISA. How many days in transit should it take?

    My ISA vanished from Barclays on the 21st and appeared in Santander the next day -22nd.
  • whiteside
    whiteside Posts: 39 Forumite
    OnlyMe_08 wrote: »

    Also, I noticed my Halifax ISA disappeared from my accounts but not yet seen the funds credit my Santander ISA. How many days in transit should it take?

    I also transferred from Halifax. Account disappeared on the Friday and showed on my santander Isa on the following Wednesday. Hope this is of some help.
  • OnlyMe_08
    OnlyMe_08 Posts: 283 Forumite
    Part of the Furniture 100 Posts Combo Breaker
    thanks for the replies

    what about welcome confirmations - email / post or both?
  • KonkyWonky
    KonkyWonky Posts: 650 Forumite
    Part of the Furniture 500 Posts Combo Breaker
    whiteside wrote: »
    The additional interest should show as added on your Internet banking the next day. Not sure if it makes any difference that tomorrow is Saturday in your example but check tomorrow and if no joy the it should definitely show on Monday.

    Bang on the money, paid in today, thanks again.
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