Cash ISAs: The Best Currently Available List

GlasgowExpat2

savit4l8er said:

2010 said:

If there is a lot of hassle and hoop jumping and delay with NatWest ISA, they can keep it. Other providers seem to get theirs up and running/"instantly".

It's looking like there might be, not knowing if the application is successful or whether more info really is needed or not isn't very customer friendly. One could miss out on something else waiting for them to grace you with their decision and the outcome. Never had anything to do with them and ideally didn't want it but envisaged a short relationship.
Have not had to wait for the result of any other ISA. Hope it's not a case of offer it without considering the potential demand. 

I’ve received an email to say my NatWest ISA has been set up - existing customer 

caveman38

GlasgowExpat2 said:

savit4l8er said:

2010 said:

If there is a lot of hassle and hoop jumping and delay with NatWest ISA, they can keep it. Other providers seem to get theirs up and running/"instantly".

It's looking like there might be, not knowing if the application is successful or whether more info really is needed or not isn't very customer friendly. One could miss out on something else waiting for them to grace you with their decision and the outcome. Never had anything to do with them and ideally didn't want it but envisaged a short relationship.
Have not had to wait for the result of any other ISA. Hope it's not a case of offer it without considering the potential demand. 

I’ve received an email to say my NatWest ISA has been set up - existing customer 

Does it accept a feeder amount to confirm receipt of money and allow full amount to follow

Old_Slaphead

Re. new RBoS ISA. Just had an email purporting to be from RBoS about using a 'security partner' called HooYu to verify identity. Anybody heard of these folks and are they legit ?

Stargunner

Old_Slaphead said:

Re. new RBoS ISA. Just had an email purporting to be from RBoS about using a 'security partner' called HooYu to verify identity. Anybody heard of these folks and are they legit ?

They are legit, I had to use them to verify my identities when I opened bank accounts with them.

happybagger

bristolleedsfan said:

2010 said:

bristolleedsfan said:

ForumUser7 said:

bristolleedsfan said:

Natwest Fixed Rate ISA - I suspected no interest accrues until start date, just asked on Chat if deposits made before start date gets  5.90% answer I received was -

"No .., You will earn interest only from the start date".

That’s odd, as their product page seems to imply something else. They aught to clear it up on there too. “Interest is paid on a tiered basis at these fixed rates from the date you open your account until the Maturity Date. This means you'll earn one rate on your entire balance. Interest is calculated daily and paid annually to your ISA on the first business day in April and on the Maturity Payment Date.”

Others are free to ask Natwest to see what answers they receive, I was answered by an agent as opposed to Cora response.

Logic of not paying interest until start date would be why have a delayed start date if interest was going to be paid at same rate prior to that date.

Are they saying that any money deposited before 4th Sept (start date) doesn`t get paid any interest.
Or the rate you get is lower than the 5.7% until the start date?

My Q was  "Do deposits made before start date gets 5.90%"

Agent reply  "No .., You will earn interest only from the start date".

I called in at Nat West today to ask precisely this question, as I had been reading all the t&c's and it wasn't stated when interest was paid from. I had not read this sub-forum in advance.

Bank foyer "greeter" smiled when I asked the question. Confirmed ZERO interest is paid on any deposits or transferred balances credited before the "start date". I asked if he was certain as that seemed odd, and he said yes, absolutely, and many people had been asking this question apparently.

2010

No interest before start date and hooyu checking, I,m off to somewhere else. Probably out of all, surprisingly, Nationwide @ 5.5%.

Shedman

happybagger said:

bristolleedsfan said:

2010 said:

bristolleedsfan said:

ForumUser7 said:

bristolleedsfan said:

Natwest Fixed Rate ISA - I suspected no interest accrues until start date, just asked on Chat if deposits made before start date gets  5.90% answer I received was -

"No .., You will earn interest only from the start date".

That’s odd, as their product page seems to imply something else. They aught to clear it up on there too. “Interest is paid on a tiered basis at these fixed rates from the date you open your account until the Maturity Date. This means you'll earn one rate on your entire balance. Interest is calculated daily and paid annually to your ISA on the first business day in April and on the Maturity Payment Date.”

Others are free to ask Natwest to see what answers they receive, I was answered by an agent as opposed to Cora response.

Logic of not paying interest until start date would be why have a delayed start date if interest was going to be paid at same rate prior to that date.

Are they saying that any money deposited before 4th Sept (start date) doesn`t get paid any interest.
Or the rate you get is lower than the 5.7% until the start date?

My Q was  "Do deposits made before start date gets 5.90%"

Agent reply  "No .., You will earn interest only from the start date".

I called in at Nat West today to ask precisely this question, as I had been reading all the t&c's and it wasn't stated when interest was paid from. I had not read this sub-forum in advance.

Bank foyer "greeter" smiled when I asked the question. Confirmed ZERO interest is paid on any deposits or transferred balances credited before the "start date". I asked if he was certain as that seemed odd, and he said yes, absolutely, and many people had been asking this question apparently.

Given what they have put in their Information Sheet ("Interest is paid at these fixed rates from the date you open your account until the Maturity Date") then if they don't pay interest until the start date then it'll be a formal complaint followed by Ombudsman if need be....

GlasgowExpat2

Shedman said:

happybagger said:

bristolleedsfan said:

2010 said:

bristolleedsfan said:

ForumUser7 said:

bristolleedsfan said:

Natwest Fixed Rate ISA - I suspected no interest accrues until start date, just asked on Chat if deposits made before start date gets  5.90% answer I received was -

"No .., You will earn interest only from the start date".

That’s odd, as their product page seems to imply something else. They aught to clear it up on there too. “Interest is paid on a tiered basis at these fixed rates from the date you open your account until the Maturity Date. This means you'll earn one rate on your entire balance. Interest is calculated daily and paid annually to your ISA on the first business day in April and on the Maturity Payment Date.”

Others are free to ask Natwest to see what answers they receive, I was answered by an agent as opposed to Cora response.

Logic of not paying interest until start date would be why have a delayed start date if interest was going to be paid at same rate prior to that date.

Are they saying that any money deposited before 4th Sept (start date) doesn`t get paid any interest.
Or the rate you get is lower than the 5.7% until the start date?

My Q was  "Do deposits made before start date gets 5.90%"

Agent reply  "No .., You will earn interest only from the start date".

I called in at Nat West today to ask precisely this question, as I had been reading all the t&c's and it wasn't stated when interest was paid from. I had not read this sub-forum in advance.

Bank foyer "greeter" smiled when I asked the question. Confirmed ZERO interest is paid on any deposits or transferred balances credited before the "start date". I asked if he was certain as that seemed odd, and he said yes, absolutely, and many people had been asking this question apparently.

Given what they have put in their Information Sheet ("Interest is paid at these fixed rates from the date you open your account until the Maturity Date") then if they don't pay interest until the start date then it'll be a formal complaint followed by Ombudsman if need be....

I sent a message via Twitter and was told interest would accrue from the date of funding. The website also says “ Interest is paid on a tiered basis at these fixed rates from the date you open your account until the Maturity Date.”

2010

Natwest ISA where exactly in the T&C does it say interest is only paid from the "start date" 4 th Sept.?

savit4l8er

For NW ISA,

When you read this.

Interest is paid on a tiered basis at these fixed rates from the date you open your account until the Maturity Date. This means you'll earn one rate on your entire balance. Interest is calculated daily and paid annually to your ISA on the first business day in April and on the Maturity Payment Date.

In conjunction with the key dates below, It would seem logical that the account is open and interest should be earned on funds received prior to the start date of 4th Sept. 

You open your account before 9th or 14th August and interest is paid from the date opened. 

I can't see in the terms interest is only paid from the start date.