Cash ISAs: The Best Currently Available List

JamesPond

No you dont need to apply in branch. I went there to pick up Fixed rate brochure which is usually on their wall, and asked for the transfer form, or you can download it here

http://www.nationwide.co.uk/savings/ISA/C115A_ISA_transfer_in.pdf

and sent it off to them.

However, I sent my forms off to them on the 4th March and the transfer is still not complete. I received a note from Nationwide around the 26th March saying they have sent a request to my current provider.

I already had an account with them so ID wasnt a problem but their brochure says you can send the ID documents by post when applying for the account.

gavinthegreat

JamesPond wrote: »

No you dont need to apply in branch. I went there to pick up Fixed rate brochure which is usually on their wall, and asked for the transfer form, or you can download it here

http://www.nationwide.co.uk/savings/ISA/C115A_ISA_transfer_in.pdf

and sent it off to them.

However, I sent my forms off to them on the 4th March and the transfer is still not complete. I received a note from Nationwide around the 26th March saying they have sent a request to my current provider.

I already had an account with them so ID wasnt a problem but their brochure says you can send the ID documents by post when applying for the account.

Thanks, I'm assuming from the transfer form that I would need to go in branch to get an application form as well (been looking but can't see anywhere to download it):

"If you do not already have a Nationwide cash ISA, please also remember to complete and hand in an account application form."

Not a huge problem to go in, I just dread the 45 minute financial advice chat

forevergrey

I did a transfer into the fixed rate ISA today in branch. I was assured that the fixed rate would be honoured on receipt of the forms at their ISA centre and they would be DX'd that afternoon.

I also have an account already so a bit easier regarding ID. Based on my experience you may find it a quicker process to do it in branch.

gavinthegreat

forevergrey wrote: »

I did a transfer into the fixed rate ISA today in branch. I was assured that the fixed rate would be honoured on receipt of the forms at their ISA centre and they would be DX'd that afternoon.

I also have an account already so a bit easier regarding ID. Based on my experience you may find it a quicker process to do it in branch.

Thanks, that is quite reassuring.

Now I've just got to decide whether to go with this choice, or to choose Halifax's 6.20% 4 Year Fix. Given that I already bank with them it would surely be quicker and easier to transfer from their variable ISA into the fixed one. I just can't decide whether 4 years is too far to fix - I won't need the money, but what if interest rates were to increase dramatically. It's all too complicated :rotfl:

moneysaver

forevergrey wrote: »

I did a transfer into the fixed rate ISA today in branch. I was assured that the fixed rate would be honoured on receipt of the forms at their ISA centre and they would be DX'd that afternoon.

I phoned Nationwide head office up & they told me I should get 6.15% on the day I apply to transfer, but in the branch they are telling me it is not guaranteed. On page 4 of this brochure http://www.nationwide.co.uk/pdf/savings/P5905_ISAs.pdf it does say the rate may change by the time the transfer goes through.

Moneysaver

Middle_Sister

I've just put £3.6 into Nationwide over the phone and they are sending me the paperwork to transfer from other providers. I will be getting the 6.2% rate fixed for 4 yrs.

Old_Slaphead

lesleyfb wrote: »

I've just put £3.6 into Nationwide over the phone and they are sending me the paperwork to transfer from other providers. I will be getting the 6.2% rate fixed for 4 yrs.

Unless I'm mistaken - NW do a 1 or 2 year fix at 6.15%....it's the Halifax that does 4 yrs at 6.20%.

Jumping_Bean

I'm trying to choose between the Abey Direct ISA and the A&L Direct ISA. On page one of this thread it says that Abey has a rate guarantee but A&L doesn't but I can't find any guarantee on Abey's site. Is there one, and if so what is it?

Are these the two I should be looking at for an instant access ISA that will accept transfers? Are there any other (better) options I should consider? I don't mind giving 30 days notice just as long as I don't incur penalties - But it seems that the 30 day accounts are no better than the instant ones?

---

Also, just thought I'd point out that in the "Scarborough BS (30 days notice) mini cash ISA" section above it states: "If you transfer out or close the account before the ISA matures (on 31st March 2010) you will incur a 30 days notice charge."

I think that should be 31st March 2009. Not vital but may be important if you were thinking about opening an account with them.

Thanks

HonestWhitey

Jumping_Bean wrote: »

Also, just thought I'd point out that in the "Scarborough BS (30 days notice) mini cash ISA" section above it states: "If you transfer out or close the account before the ISA matures (on 31st March 2010) you will incur a 30 days notice charge."

I think that should be 31st March 2009. Not vital but may be important if you were thinking about opening an account with them.

Thanks

The Scarborough Notice ISA does mature on 31st March 2010, so Kazza has it right. Check out Scarborough's Ts and C's

Jumping_Bean

I'm sure is says 2009. From the T&Cs:

Before 1 April 2010, if you give 30 days notice of intention to withdraw money you can have penalty free access to it. From 1 April 2010 your account automatically transfers into our easy access Cash ISA. Closure at any time until 31 March 2009 is subject to a 30 day notice charge. You must keep a minimum balance of £1,000 in your account. If the balance of your account falls below the minimum, the interest rate will change to the Society's variable base savings rate applicable at that time. You cannot replace withdrawn funds.