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New nationwide 4.2% isa

Hello

I currently have my cash in a nationwide 3.1% isa. Can I keep all my cash in this isa, and open up the new nationwide 4.2% isa and put my new yearly allowance in this? There for having two isas with the same bank???

please help

Comments

  • Csutto wrote: »
    Hello

    I currently have my cash in a nationwide 3.1% isa. Can I keep all my cash in this isa, and open up the new nationwide 4.2% isa and put my new yearly allowance in this? There for having two isas with the same bank???

    please help

    Good evening Csutto.

    Thank you for your post.

    I can confirm that you can keep your existing isa and open a new Nationwide 4.25% isa (provided you meet the criteria) and put your new allowance in this.
  • innovate
    innovate Posts: 16,217 Forumite
    10,000 Posts Combo Breaker
    Bank_Notes wrote: »
    Good evening Csutto.

    Thank you for your post.

    I can confirm that you can keep your existing isa and open a new Nationwide 4.25% isa (provided you meet the criteria) and put your new allowance in this.

    Whilst I don't disagree with your "confirmation", I wonder whether you imply that you are here as an official Nationwide Rep? In which case, you should declare your association & obtain permission from MSE to post as a company rep.
  • Wolfhound
    Wolfhound Posts: 568 Forumite
    500 Posts
    Hello, I have been on the Nationwide site to check on my e-isa balance and I didn't see anything about this new ISA.
    Could you give me some information about it ?
    Can I transfer in previous years ? Thanks.
  • evenasus
    evenasus Posts: 11,866 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    Wolfhound wrote: »
    Hello, I have been on the Nationwide site to check on my e-isa balance and I didn't see anything about this new ISA.
    Could you give me some information about it ?
    Can I transfer in previous years ? Thanks.

    It will be on their main site tomorrow I would think.

    Meanwhile see this.... http://www.nationwide.co.uk/mediacentre/pressreleases/viewarticle.htm?ID=1945
  • le_loup
    le_loup Posts: 4,047 Forumite
    innovate wrote: »
    Whilst I don't disagree with your "confirmation", I wonder whether you imply that you are here as an official Nationwide Rep? In which case, you should declare your association & obtain permission from MSE to post as a company rep.
    Mr Bank Note uses that strange authoritative style ...
    He obviously wants to give an impression of some sort.
    And it's not just about NW accounts.
    Strange but true.
  • thenudeone
    thenudeone Posts: 4,462 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    To answer the OP: There is nothing in general to stop you having several ISA accounts with the same bank (as long as all the other ISA rules are complied with).

    It's possible that a provider might restrict new accounts to new customers only, but it's very unlikely IMO.

    Since the nationwide offer is only available to qualifying flexaccount customers, they are specifically targetting existing customers, so it's even less likely that they will restrict them to customers who don't already have an ISA with them.
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  • Rupert_Bear
    Rupert_Bear Posts: 1,303 Forumite
    innovate wrote: »
    Whilst I don't disagree with your "confirmation", I wonder whether you imply that you are here as an official Nationwide Rep? In which case, you should declare your association & obtain permission from MSE to post as a company rep.

    Either that or just pompous.
  • sheslookinhot
    sheslookinhot Posts: 2,302 Forumite
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