Santander 2year fixed isa @ 4%

tuggy12

Vortigern wrote: »

S.=Santander. I'm sick of typing that word.

Bear in mind that S. will allow only one deposit between 6th and 14th April so don't do a small payment as a test!

Are you sure about that?
The T&C's say:

For accounts opened in the 2011/2012 tax year, additional deposits are allowed between 6 April 2012 and 14 April 2012.
No subsequent additional deposits allowed.

http://www.santander.co.uk/csgs/StaticBS?blobcol=urldata&blobheader=application/pdf&blobkey=id&blobtable=MungoBlobs&blobwhere=1223420706682&cachecontrol=immediate&ssbinary=true&maxage=3600

mbailey

Swapped over my existing Santander flexible ISA to the 2yr fixed account in the branch on monday. The whole process took less than 5 minutes to fill in a simple form with name and address.

Later in the afternoon checked my online account and it changed to show FIXED rate ISA. A day later an interest payment was added to the account which I was assume the final interest payment on the old account.

We dealt with the manager and he did try and do a sell on the 123 current account, but I said I wasn't interested and he didn't push it.

All in all very impressed by Santander.

Now it's a case of fingers crossed for Rory McIlroy for the extra 0.1%. :-)

innovate

Just noticed they now say deadline for online applications for 2011/2012 ISA is April 1

chopperward

Very impressed.

Did an ISA transfer from Barclays to the 2 year 4% ISA on the 15th March and Barclays closed the account on the 20th. Now I have to check with Santander to see if the transfer has landed in the 4% ISA.

I'm planning to put my 2012/13 allowance into the 4% ISA on Saturday 7th April via fasterpayments on my Nationwide online account.

Do you guys recommend a big lump sum like this or do you think I should pop into a branch with an old fashioned cheque?

mbailey

chopperward wrote: »

Very impressed.

Did an ISA transfer from Barclays to the 2 year 4% ISA on the 15th March and Barclays closed the account on the 20th. Now I have to check with Santander to see if the transfer has landed in the 4% ISA.

I'm planning to put my 2012/13 allowance into the 4% ISA on Saturday 7th April via fasterpayments on my Nationwide online account.

Do you guys recommend a big lump sum like this or do you think I should pop into a branch with an old fashioned cheque?

The first banking day you can do a transfer is Tuesday 10th April.

Personally I will be doing a £10 transfer on 10th April and check it goes in, then the rest on the 11th April.

KTF

I opened a direct saver account and have next years ISA amount sitting in there at the moment.

My plan is to do an instant transfer between that and the fixed ISA on April 6 and see what happens.

innovate

KTF wrote: »

I opened a direct saver account and have next years ISA amount sitting in there at the moment.

My plan is to do an instant transfer between that and the fixed ISA on April 6 and see what happens.

Same here. Transfers between my Santander accounts are instant, so I expect the transfer from the esaver into the ISA to be instant, too.

mbailey

innovate wrote: »

Same here. Transfers between my Santander accounts are instant, so I expect the transfer from the esaver into the ISA to be instant, too.

Yes, but only on a banking day, so the first day will be Tuesday 10th April.

innovate

In my experience, the internal transfer is instant, 24x7, 365 days a year.

savetilibleed

My transfer from an external ISA left that account on 16th March and showed on 19th March as 'Cheque paid in at Banking Centre'.

I noticed yesterday there are two strange transactions on 21st March:

First is indicated as 'ADJUSTMENT .VALUE DATE .CHEQUE PAID IN A BANKING CENTRE' Money out (all of it) leaving £0.00 balance.

Second (same date) 'CHEQUE PAID IN A BANKING CENTRE' Money in (all of it) leaving the same balance as at 19th.

I called Santander and had a really confusing conversation - something about an error - about cheque on 16th but showed as paid in on 19th but it wasn't mine until 21st so they made 'these adjustments' to make it right. Even after them going over it again it still made no sense. Their screen showed the 16th whereas mine doesn't. They are going to post me a statement which will show it. I think what it may mean is that adjustment is to backdate the interest to the 16th. I had to more or less suggest that to them though before they said that. Still not sure.

They said when I get the interest statement next year I can ask for detail of the calculation. I'll probably have forgotten by then :rotfl: