Santader 2yr fixed rate

sorcerer

Just finished setting this account up, and they say I can pay next years allowance into it. But I didn't bother to setup the direct debit for it. Do you think I could feed the money in from my Nationwide account using the sort code and account number only, if I do it online from my nationwide account.

innovate

Sure, if you have been given a sort code and account number, that's normally to allow payments to be made into the account.

nanjo

I have a Santander Flexible ISA 3 bonus come to end on 18/04/2012, is it possible to transfer this to Santander 2 yr fixed and also with 2012/13 new allowance,
what is the best timing for doing this, suggestion please. thanks

evenasus

nanjo wrote: »

I have a Santander Flexible ISA 3 bonus come to end on 18/04/2012, is it possible to transfer this to Santander 2 yr fixed and also with 2012/13 new allowance,
what is the best timing for doing this, suggestion please. thanks

You can transfer the ISA you have right now - no need to wait, as it's instant access. Your bonus will not be affected, you will still receive it.

You need to ring them to do this and ask for your ISA to be upgraded to the 2 year Fixed Major ISA.

See this thread https://forums.moneysavingexpert.com/discussion/3855595

StevieJ

I have already used my ISA allowance this year, but can I open a Santander 2Yr fixed Isa now and populate with cash after the 6th April?

evenasus

StevieJ wrote: »

I have already used my ISA allowance this year, but can I open a Santander 2Yr fixed Isa now and populate with cash after the 6th April?

There is nothing to stop you opening the ISA.
Although whether Santander would allow it to be left empty until after 6th of April, I don't know.

You could always give them a ring to check.

You can, if you wish, transfer the ISA you already have opened this year to the 4% 2 year ISA and then add next years allowance after the 6th April.

StevieJ

evenasus wrote: »

There is nothing to stop you opening the ISA.
Although whether Santander would allow it to be left empty until after 6th of April, I don't know.

You could always give them a ring to check.

You can, if you wish, transfer the ISA you already have opened this year to the 4% 2 year ISA and then add next years allowance after the 6th April.

Thanks but I only open fixed rate ISA's and anyway I am quite happy with the ISA I opened this year 5%. I checked on their application process and it looks like you have to answer no to the question 'Have you opened a cash Isa this year?' Pity, especially seeing as I bank with them and I have a cash ISA with the Halifax maturing on the 11th April.

POPPYOSCAR

Been to an appointment in branch today to sort out all savings with them. Had a bit of a shock but I am assured(?????) that they will sort it out with HO, but that is another story.

Used my ISA allowance for the fixed rate 4% for this year and asked how long this rate would be available for, and he said he did not know for sure, but his paperwork showed up to 30th April, 2012 so he thought it might end then.This makes sense as the maturity date is 1.05.2014.

StevieJ

POPPYOSCAR wrote: »

Been to an appointment in branch today to sort out all savings with them. Had a bit of a shock but I am assured(?????) that they will sort it out with HO, but that is another story.

Used my ISA allowance for the fixed rate 4% for this year and asked how long this rate would be available for, and he said he did not know for sure, but his paperwork showed up to 30th April, 2012 so he thought it might end then.This makes sense as the maturity date is 1.05.2014.

The website states that you have to apply by the 1st April and the max time to populate is 14 days.

POPPYOSCAR

StevieJ wrote: »

The website states that you have to apply by the 1st April and the max time to populate is 14 days.

I have not looked at the website but is that for this years allowance/next years or both?

He told me to go back after 5th April to do next years.

Just looked at the website and it says that accounts opened after 5.4.12 are still eligible but not eligible for the 'Rory bonus'., so it will still be available after 1.4.
at 4% fixed it would seem.