Nationwide Flexclusive ISA - 4.25%, instant access

typistretired

veryintrigued wrote: »

The monthly NW 5% current accounts normally pay the interest at around 21:30hrs on the last day of the month. i.e. in about an hour.

This might be an indication of when the interest shows for this ISA too..

Then again it could be wildly wrong if there is completely different program(s) used.

I just love typing me.

Edit - 21:30hrs came, the interest on the C/A was paid and nothing in the ISA. Sorry for the misinformation!

You're keen, knowing the exact time interest goes into an account. I suppose you check via you mobile phone not stuck in front of the computer.

typistretired

tunde10 wrote: »

Yes very nice to get such a high interest indeed.

In March, i was struggling to think of where to put my previous few years ISA which was maturing in a Santander 3.5%. So it was perfect timing to find out about this ISA now allowing transfer.

I'm jealous! Don't know how I missed transferring into that one.

DragonQ

Very pleased to see that the interest backdating of transferred money was handled correctly. In fact, there's £5 more than I expected in there, probably due to me missing a day at the start or end of my calculations.

One more month and then down to 2%.

bondy01

Yes DQ I've just been trying to do that calculation. Amount A from 1/10/12 - 09/01/13 , amount B from 10/01/13 - 05/04/13 and amount C from 06/04/13 - 30/09/13 I think but I gave in! Anyway the result is just over £700 for me.

rb10

bondy01 wrote: »

Yes DQ I've just been trying to do that calculation. Amount A from 1/10/12 - 09/01/13 , amount B from 10/01/13 - 05/04/13 and amount C from 06/04/13 - 30/09/13 I think but I gave in! Anyway the result is just over £700 for me.

Assuming you used your max allowance in both years and transferred in around £11k, then Nationwide were right in the interest calculation.

tunde10

typistretired wrote: »

I'm jealous! Don't know how I missed transferring into that one.

No i meant i transferred from the Santander 3.5% to this Nationwide ISA once they had to start allowing transfers. before that i was unsure where i would put the funds.

bondy01

rb10 wrote: »

Assuming you used your max allowance in both years and transferred in around £11k, then Nationwide were right in the interest calculation.

Have you got access to my account or have you been stalking me?!!!!!! You are right though.

Carrie_bie

veryintrigued wrote: »

Is it me or can people be bothered enough to create an account on here and ask questions like this - but not be bothered enough to fundamentally read the T&Cs when they sign up to products like this or scroll back a couple of pages on this very thread?

Next question?

And breathe.....

Really sorry I wasted your time with my questions.
I won't do it ever again.

rb10

bondy01 wrote: »

Have you got access to my account or have you been stalking me?!!!!!! You are right though.

Seeing as you paid in your 2013/14 allowance on 6th April, you are clearly a keen saver ... so it seemed a reasonable assumption that this was for the full allowance.

And if you paid in the full amount in 2013/14, you probably also did in 2012/13 as well.

So your balance on 1 October 2013 would have been ~£5,700 ... and an £11k transfer is the only way the maths would work to give the correct amount of interest.

adindas

October 31 is approaching, where the interest start to drop. Where will you put your NW cash ISA ?

I have Leeds Building Society which has 2.55% but I juts called them and they confirmed I will not allowed to transfer the old ISA ?
Top up is only for new ISA money >

Is there any other ISA with a decent interest left ?

Thanks