New Instant Access Year - Immediately funded ?

darren72

I'm looking to open a new Cash ISA for this years allowance (2013/14).

I'm looking for the best rate and for instant access this seems to be Coventry BS (2.6%) or Santander (2.5%).

Does anyone know if either of these can be applied for online and instantly funded ? - Either by debit card or bank transfer ?

Thanks in advance

david78

Dont know about Santander.

With the coventry one you have to fill in a paper application form and send it to them in the post. The online application is just an application for the form.

darren72

Thanks for the quick reply!

Hopefully someone else will know about Santander.

They seem to be the best at the moment, even though the rates are very poor.

david78

darren72 wrote: »

They seem to be the best at the moment, even though the rates are very poor.

Yes. Even fixed rates are terrible.

2013yearofthehouse

I helped someone open a Santander (2.5%) ISA earlier today. Quick 5 min form online. They were funding it from their Santander current account - they were asked for an amount and their Santander debit card number.

darren72

2013yearofthehouse wrote: »

I helped someone open a Santander (2.5%) ISA earlier today. Quick 5 min form online. They were funding it from their Santander current account - they were asked for an amount and their Santander debit card number.

Thank you - You don't happen to remember whether it gave an option to funds from another debit card ?

2013yearofthehouse

darren72 wrote: »

Thank you - You don't happen to remember whether it gave an option to funds from another debit card ?

No sorry I can't. Not ideal but in theory you could fill out the first stage of the form online in order to look at the second stage (which gives you the payment options) and then if your not happy you can just quit the application before the final stage which is reviewing and submitting it.

Stroppypops

You get sent an account number straight away via email which you can just do a bank transfer to. At least that's what I did.

typistretired

I just helped my cousin open a new Coventry Poppy ISA online. Okay she had one with them from a few years ago which was classed as inactive and a savings account with them. We opened the account immediately as they already had her NI details etc and within 2 hours the ISA account appeared and we moved money over to her new ISA.

typistretired

Leeds Building Society at 2.55% is easy access too. You can apply online and transfer old isas into it.