ISA - Is it allowed ??

p00hsticks

adindas wrote: »

Thanks for reply ....
It is still paying 3.5% for the balance of £30,000+ . here is the link

http://www.natwest.com/personal/savings/g2/isas/e-isa.ashx?DCMP=ILC-PERHPSTATQ1eISARate

It may be now, but letters being sent out at the moment are stating that the underlying variable rate is being cut by 0.25% fron 14th May (at last for those of us who opened them a while back). I received notification of this in the post today.

lisyloo

I agrree it's not allowed.

Note the thread linked to above is for a different incarnation that the recent e-isa see title Anyone sticking with NatWest e-ISA (acc opened before 14 May 09)

psychic_teabag

Yeah, the other post says they will be dropping from 12th or 14th May.