Cash ISAs: The Best Currently Available List

Aidanmc

"Only single full ISA Transfers In with a balance of £10,000 or more into a Qualifying Account will receive a Voucher Payment"

Why have they put "single" there?

Consumerist

Aidanmc said:

"Only single full ISA Transfers In with a balance of £10,000 or more into a Qualifying Account will receive a Voucher Payment"

Why have they put "single" there?

I can only assume that it means that a number of ISAs (<£10k each) adding up to £10k+ will not qualify.

If you could rely on the word of Customer Service staff, you could just phone and ask.

GalacticaActual

Expotter said:

Santander's new easy access eISA (Issue 15) is also quite good at 1.85%. Highest rate at the moment.

Thanks for the information, @Expotter .

I have just “upgraded” my Issue 14 to this new Issue 15.

It has only been a few weeks since I upgraded from Issue 13 paying 0.80% to Issue 14 paying 1.50%.

At least you keep the same account number/sort code. Santander also added interest accrued and issued a Cash ISA Certificate to confirm the upgrade - I would imagine the same will happen again in the next few days for this new upgrade.

soulsaver

Frogletina said:

soulsaver said:

Santander fixed isa transfer Voucher terms here

3.4 If you complete a full ISA transfer with a balance of below £10,000 from an Old Account into a Qualifying Account, this will not be eligible for a Voucher Payment.
If you make more than one ISA transfer from an Old Account(s) into a Qualifying Account with a cumulative balance of £10,000 or more, this will not be eligible for a Voucher Payment.
If you transfer part of the balance you hold in an Old Account which is £10,000 or more into a Qualifying Account, this will not be eligible for a Voucher Payment.
Only single full ISA Transfers In with a balance of £10,000 or more into a Qualifying Account will receive a Voucher Payment

Have I understood the terms correctly? Can I only transfer one isa in? My maturing Isa is over £10,000 - does this mean I can't transfer a part isa in as well?

If you mean 'and will it qualify for the voucher?'
Not, according to the terms wording. 
But can you open 2 (or more) Santander fixes...? And get more than 1 voucher..?

Frogletina

soulsaver said:

Frogletina said:

soulsaver said:

Santander fixed isa transfer Voucher terms here

3.4 If you complete a full ISA transfer with a balance of below £10,000 from an Old Account into a Qualifying Account, this will not be eligible for a Voucher Payment.
If you make more than one ISA transfer from an Old Account(s) into a Qualifying Account with a cumulative balance of £10,000 or more, this will not be eligible for a Voucher Payment.
If you transfer part of the balance you hold in an Old Account which is £10,000 or more into a Qualifying Account, this will not be eligible for a Voucher Payment.
Only single full ISA Transfers In with a balance of £10,000 or more into a Qualifying Account will receive a Voucher Payment

Have I understood the terms correctly? Can I only transfer one isa in? My maturing Isa is over £10,000 - does this mean I can't transfer a part isa in as well?

If you mean 'and will it qualify for the voucher?'
Not, according to the terms wording. 
But can you open 2 (or more) Santander fixes...? And get more than 1 voucher..?

I'm only trying to get one voucher by using my maturing isa - I'd just rather top up the Santander Isa using some of my flexible isa funds as well.
 
 

soulsaver

Frogletina said:

soulsaver said:

Frogletina said:

soulsaver said:

Santander fixed isa transfer Voucher terms here

3.4 If you complete a full ISA transfer with a balance of below £10,000 from an Old Account into a Qualifying Account, this will not be eligible for a Voucher Payment.
If you make more than one ISA transfer from an Old Account(s) into a Qualifying Account with a cumulative balance of £10,000 or more, this will not be eligible for a Voucher Payment.
If you transfer part of the balance you hold in an Old Account which is £10,000 or more into a Qualifying Account, this will not be eligible for a Voucher Payment.
Only single full ISA Transfers In with a balance of £10,000 or more into a Qualifying Account will receive a Voucher Payment

Have I understood the terms correctly? Can I only transfer one isa in? My maturing Isa is over £10,000 - does this mean I can't transfer a part isa in as well?

If you mean 'and will it qualify for the voucher?'
Not, according to the terms wording. 
But can you open 2 (or more) Santander fixes...? And get more than 1 voucher..?

I'm only trying to get one voucher by using my maturing isa - I'd just rather top up the Santander Isa using some of my flexible isa funds as well.
 
 

Ok the terms say you won't qualify for the voucher if you transfer in more than one.
So ask if you can open a 2nd for the top up.

Hammer_Time

Hammer_Time said:

So if you transfer 2 isa of £10000 each, you still get the e voucher. I was worried that transferring 2 might stop you from getting the e voucher.

I phoned Santander and they stated that as long as one of the ISA is £10000.00 (full Balance) you still get the e voucher. They also said you can add to it and it don't stop you from getting the e voucher. 

refluxer

Frogletina said:

soulsaver said:

Frogletina said:

soulsaver said:

Santander fixed isa transfer Voucher terms here

3.4 If you complete a full ISA transfer with a balance of below £10,000 from an Old Account into a Qualifying Account, this will not be eligible for a Voucher Payment.
If you make more than one ISA transfer from an Old Account(s) into a Qualifying Account with a cumulative balance of £10,000 or more, this will not be eligible for a Voucher Payment.
If you transfer part of the balance you hold in an Old Account which is £10,000 or more into a Qualifying Account, this will not be eligible for a Voucher Payment.
Only single full ISA Transfers In with a balance of £10,000 or more into a Qualifying Account will receive a Voucher Payment

Have I understood the terms correctly? Can I only transfer one isa in? My maturing Isa is over £10,000 - does this mean I can't transfer a part isa in as well?

If you mean 'and will it qualify for the voucher?'
Not, according to the terms wording. 
But can you open 2 (or more) Santander fixes...? And get more than 1 voucher..?

I'm only trying to get one voucher by using my maturing isa - I'd just rather top up the Santander Isa using some of my flexible isa funds as well.
 
 

Yes, you can transfer multiple Cash ISAa in to a Santander Fixed Rate Cash ISA. They specifically state on the product page that you can "Combine multiple cash ISAs in a single cash ISA with Santander".

If you want to qualify for the e-voucher then, according to Santander's fixed rate offer terms, you simply need to ensure that at least one of the old ISAs is over £10k in value and the whole balance is transferred. That is why Santander keep using the term 'single' in the offer terms - you need a single ISA to be £10k or more (so two £5k ISAs wouldn't qualify for the offer). They are not saying that you can't transfer in more than one ISA, but they are saying that only one ISA of £10k or more (transferred in full) will qualify.

That is my interpretation of the terms at least - if you want official confirmation, then you would be best off contact Santander.

refluxer

Hammer_Time said:

Hammer_Time said:

So if you transfer 2 isa of £10000 each, you still get the e voucher. I was worried that transferring 2 might stop you from getting the e voucher.

I phoned Santander and they stated that as long as one of the ISA is £10000.00 (full Balance) you still get the e voucher. They also said you can add to it and it don't stop you from getting the e voucher. 

If you're transferring in two Cash ISAs of £10k+ (as you mentioned above), will you get two vouchers though ? I couldn't find anything in the terms that specifically said you don't but I wouldn't be surprised if the offer was limited to one voucher per Santander ISA opened and if that is the case then you might be better off opening two and transferring one £10k ISA into each ?

Hammer_Time

That’s a good idea, I didn’t think about opening two ISA.