Nationwide Flexclusive ISA - 4.25%, instant access

veryintrigued

Rosemary_Jane wrote: »

Hi veryintrigued,
No, NW have acknowledged that their T&Cs allowed transfers in. I now have over 30K in there, earning me over £25 a week.

I am exceptionally grateful to those on this thread who alerted me to this chance last autumn.

RJ - who's probably going to transfer it to an S&S ISA in the autumn.

Sometimes I am sooooooooo absent minded. This is one of those occasions!!!

My other question still remains i.e.:

One question on the Leeds account. On the Keyfact 18 below. Are you guys assuming this issue will still be 'open' in Oct / Nov? I guess I am questioning what the phrase 'issue remains open for further investment' means. Is it when they no longer offer this product for new applications or when some period comes to an end. If its the former arent we expecting this 'almost market leading for its type' issue to be very popular and so disappear fairly soon?

18. Further subscriptions in future tax years are not permitted but you may transfer in previous years’ subscriptions whilst the issue remains open for further investment.

2sides2everystory

I am now on the receiving end of dumb secure messages. It seems even Nationwide are not immune from employing a proportion of the world's idiots.

They've lost my Transfer in form at the branch or between the branch and wherever they process it.

They asked me two days ago what branch.

I replied telling them exactly which branch and that it was 27th March and who checked it and accepted it and today I have further reply telling me that they responded two days ago copying the message where they asked me what branch.

I can feel one of those phone calls coming on in the morning :mad:

someone

Frank121 wrote: »

I think it would be better to secure the Leeds BS 2.55% AER ISA as it only needs £1 to be transferred in from a previous year's allowance. (say 2012/2013) That way you can secure the rate of 2.55 (but bear in mind it's variable just like Santander) without the hasle of transferring the funds back to Nationwide and loss of interest during the transfer process.

Don't think that rate of 2.55% was up when I posted :A

My transfer is in progress but might be worth applying for this one too. As they are variable if one goes down then I've got the other as backup (however I dont remember Santander dropping their ISA season accounts rates in the past during the first year but we do seem to be in uncharted waters)

Frank121

Hi Veryintrigued,

Thanks for pointing out clause 18, I hadn't see that. Yes, that's indeed a risk that they close the issue and no longer accept transfer in's from other providers.

I still have nothing to lose by transferring £1 into the leeds account and hope it's still available in Oct/Nov. If it isn't then I will just look for something else.

Cheers.
Frank

veryintrigued wrote: »

Sometimes I am sooooooooo absent minded. This is one of those occasions!!!

My other question still remains i.e.:

One question on the Leeds account. On the Keyfact 18 below. Are you guys assuming this issue will still be 'open' in Oct / Nov? I guess I am questioning what the phrase 'issue remains open for further investment' means. Is it when they no longer offer this product for new applications or when some period comes to an end. If its the former arent we expecting this 'almost market leading for its type' issue to be very popular and so disappear fairly soon?

18. Further subscriptions in future tax years are not permitted but you may transfer in previous years’ subscriptions whilst the issue remains open for further investment.

leaphaze

2sides2everystory wrote: »

Can you believe that last time I tried it, Citibank would not allow more than £499 by faster payments?

What? That's dreadful!

leaphaze

KTF wrote: »

Transferred in this years allowance from my flexdirect account online this morning. No problems at all.

Me too! Such a sad world to be so pleased when things work as they should.

Mickygg

Ah no I just tried to apply for the 123 major ISA and it says you have to do it by phone or branch. I won't be able to apply until next Saturday now. As a double check did anyone try the 123 Isa on line and be successful?

rb10

leaphaze wrote: »

2sides2everystory wrote: »

Can you believe that last time I tried it, Citibank would not allow more than £499 by faster payments?

What? That's dreadful!

We don't know when 2sides2everystory last tried it ... could have been three years ago for all we know.

This indicates that £10k is the current limit for Citibank.

2sides2everystory

rb10 wrote: »

We don't know when 2sides2everystory last tried it ... could have been three years ago for all we know.

This indicates that £10k is the current limit for Citibank.

Interesting. I closed all my Citibank accounts towards the end of last year because of it as a last straw after they started charging £8 pm for the accounts I held and their FP limit stopped me easily avoiding the fee by passing their new arbitrary £1800 a month minimum in and out same day. I complained to them several times. One spokesperson actually told me it was a security precaution (last year). Maybe they eventually took notice, but I wouldn't bet on anything from them. I experienced them for around 15 years. They never did work out who they wanted as customers other than those with interesting briefcases full of cash. They never became any good for anything - I even found their Citibank standard FOREX rates were loaded such that it was cheaper to pay someone like Nationwide a fee abroad than to use a Citibank card at a Citibank ATM. Citibank exasperated me a number of times over the years and in the end I walked.

PS I think those Payments Council numbers might be flakey. I am sure I read I have a much higher FP limit with Barclays than the one shown there.

C_Mababejive

penny_pincha wrote: »

I called the NW today. I was told I need a 'consolidation form' to transfer the money from my on-line issue 3 ISA into my flexclusive ISA otherwise it would count as new money. I also asked the shortfall in interest could be back dated since I opened the flexclusive last April and I was told no.

I have it in writing (twice) via the on line messaging facility that it is valid and permissible to do the transfer on line without the need for any form filling.