Cash ISAs: The Best Currently Available List

FishInGlass

rallycurve said:

What are people experiences transferring ISAs out of Natwest?
I got a text from them on Thursday morning confirming they are progressing my transfer but money is still sitting there, earning a poor 1.15%.
Just wondering how much longer it'll take them

My Nat West ISA matured on Thursday. I had previously opened an account with VIDA in August (just in case the rate dropped) ready for the transfer. No correspondance after that apart from an email from Nat West on Saturday telling me that my ISA had matured and telling me the options available. I contacted them and was told that they did have my transfer request and it should be actioned Monday or Tuesday. Checking today I can see the final interest and the transfer request actioned. No signs of the funds in my VIDA account yet but I don't know when they will be visible. By tomorrow I guess.

Stargunner

rallycurve said:

What are people experiences transferring ISAs out of Natwest?
I got a text from them on Thursday morning confirming they are progressing my transfer but money is still sitting there, earning a poor 1.15%.
Just wondering how much longer it'll take them

My Experience has been good.

My ISA matured last Friday 5th Sept and I requested a transfer to CHIP. On Saturday I received a text from NatWest advising that the transfer had been requested by CHIP. I noticed earlier today that my ISA disappeared from the Nat West App and I recently received an email from CHIP advising that they had credited the funds to my ISA

pecunianonolet

Cynergy Bank

In case some wonder about the transfer in window, I have had confirmation today from customer service that once the ISA has been opened, you have 35 days to provide transfer in instructions or the account will get closed. This means transfer in instructions do not have to be provided during account opening.

I inquired about this because my ISA with CMC is not accepted by Cynergy so I need to go via an intermediary provider, in my case Coventry BS, in order to get my funds into the 4.35% Cynergy Cash ISA. 

As a side note, and as reported before, you may run into issues opening the ISA  via fast track route if they don't have your NI number on file. I sent a secure message and it was added within 24h, so great service.



Hope it helps somebody and you can open the ISA even if you not have funds available straight away as the account could be withdrawn at any time as it is market leading, considering the rate applies to transferd funds.