Barclays Tax Beater Cash ISA - experiences so far (merged)

Aegis

That's nice... hopefully they'll actually send me some documentation of my account soon!

Opened in April, still nothing!

ukdutypaid

Tony_Webster wrote: »

7.03% AER from 1 Aug according to the new list of rates in today's Mail.

Mmm, Again ransacked whole of today's Mail site and thisismoney, plus the Barclay's site (again) and moneyfacts.................

Grrrrrrr. Again?

Nada....
They've got us now, it's a closed issue, it's still market leading..... Has anybody transfered out yet and if so to where, that has a better rate... Exactly.....
That's 4 unreplicables now.... Come on people.... We're better than this...
Can we have links...... I know you've seen it, but was it existing tax beater, a new one.....?

As I say, more than happy to eat my hat, but, until then....

10_66

Have spoken to Barclays today and the person I spoke to said that, to her knowledge, she wasn't aware that the interest rate's going to be increased. I guess that doesn't necessarily mean it won't though.

bristolleedsfan

10_66 wrote: »

Have spoken to Barclays today and the person I spoke to said that, to her knowledge, she wasn't aware that the interest rate's going to be increased. I guess that doesn't necessarily mean it won't though.

absolutely correct :T welcome to the forum :beer:

Tony_Webster

ukdutypaid wrote: »

Mmm, Again ransacked whole of today's Mail site and thisismoney, plus the Barclay's site (again) and moneyfacts.................

Grrrrrrr. Again?

Nada....
They've got us now, it's a closed issue, it's still market leading..... Has anybody transfered out yet and if so to where, that has a better rate... Exactly.....
That's 4 unreplicables now.... Come on people.... We're better than this...
Can we have links...... I know you've seen it, but was it existing tax beater, a new one.....?

As I say, more than happy to eat my hat, but, until then....

When Barclays change their rates, they publish them in an advert in the Mail and the Telegraph, as it states on their website.

Page 69 of the Daily Mail, Tuesday July 24, Revised Rates for Savers with effect from 1 August, bottom line.

Barclays Tax Beater Cash ISA - previous gross rate 6.56%, new gross rate 6.81%, new AER 7.03%.

I'm sorry I didn't write it in blood but it makes a mess of the keyboard.

james10999

ukdutypaid wrote: »

More than prepared, nay I hope that I'm in a position to eat my words..... but until then....

You better start eating your words then!!

I knew Barclays would increase the rate. They are one of the top 4 banks and will pass on every increase to their customers. At least they do something right!

7.03% interest! AMAZING!!

borkid

don't touch them. worst customer service ever. I opened a tax beater ISA at my local branch the beginining of May 2007 and was told interest would be backdated to opening date. End of May I received detials, the wrong ISA had been opened! I put in a complaint as was told this was the quickest way to to resolve the problem. July 2007 I was told I would hear by August 5th. I now need to withdraw the money for a deposit on a flat but I can't get through to the ISA department, complaints can't or wont do anything and I have had a couple of employees say they will leave a message with the ISA dept to contact me urgently but as of yet no contact. Any suggestions as to what I should do I need the money in about 10 days. I was thinking of going to a large branch and seeing the manager. I usullay use Nationwide or the COop fro banking etc and never had any problems, any mistakes have been resolved within a day or 2. Help please.

bristolleedsfan

james10999 wrote: »

You better start eating your words then!!

I knew Barclays would increase the rate. They are one of the top 4 banks and will pass on every increase to their customers. At least they do something right!

7.03% interest! AMAZING!!

if barclays keep passing on the rate increases, people will have very little reason to transfer out in april 2008 :j

Aegis

bristolleedsfan wrote: »

if barclays keep passing on the rate increases, people will have very little reason to transfer out in april 2008 :j

Aside from the terrible customer service and the end of the bonus offer you mean?

bristolleedsfan

Aegis wrote: »

Aside from the terrible customer service and the end of the bonus offer you mean?

even without the 1% bonus taxbeater isa is close to a best buy, hardly worth transferring for what would be at current rates 0.18% against KRBS, if barclays keep passing on rate changes in full and other providers dont than tax beater isa could be a virtual best buy in 12 months time.

once accounts are open are their still customer services issues