Top up or open new ISA & Nationwide Online Issue 7 rates

2013yearofthehouse

I opened a Nationwide Online ISA Issue 7 in November last year. My existing Nationwide ISA came to the end of it's introductory bonus rate at a really busy time and unfortunately the best I could do was internally transfer it to the highest paying rate Nationwide had at the time.

Stupidly in my hast at the time I didn't write any of the info down and I don't seem to be able to find it online (I may just be looking in the wrong places!). I know the ISA is easy access and the current rate is 2.5%, but I was wondering what the rate was when I opened it and how much of the current 2.5% is the bonus rate. The paperwork I have tells me the the bonus applies until Jan 2014 but not how much it is.

I'm considering just topping it up with this years allowance rather than opening a new ISA, but if the rate is going to drop then I guess I'd be better off opening a new ISA elsewhere (assuming this would be 2.5% or higher then I guess I may as well transfer the Issue 7 as well)? or should I just top up the Issue 7 since 2.5% isn't that bad at the moment and then just transfer the lot if the rate drops (although by that point there may not be anything better available)?

Thanks

david78

Have a look here

http://www.nationwide.co.uk/savings/all_accounts/all_accounts.htm

To find closed issues of ISAs you need to look in the savings section. For some reason you won't find them in the ISA section.

Gross for issue 7 is 2.50%. Bonus is 1.50%

I don't think the rate has ever changed for this account.

badger09

2013yearofthehouse wrote: »

I opened a Nationwide Online ISA Issue 7 in November last year. My existing Nationwide ISA came to the end of it's introductory bonus rate at a really busy time and unfortunately the best I could do was internally transfer it to the highest paying rate Nationwide had at the time.

Stupidly in my hast at the time I didn't write any of the info down and I don't seem to be able to find it online (I may just be looking in the wrong places!). I know the ISA is easy access and the current rate is 2.5%, but I was wondering what the rate was when I opened it and how much of the current 2.5% is the bonus rate. The paperwork I have tells me the the bonus applies until Jan 2014 but not how much it is.

I'm considering just topping it up with this years allowance rather than opening a new ISA, but if the rate is going to drop then I guess I'd be better off opening a new ISA elsewhere (assuming this would be 2.5% or higher then I guess I may as well transfer the Issue 7 as well)? or should I just top up the Issue 7 since 2.5% isn't that bad at the moment and then just transfer the lot if the rate drops (although by that point there may not be anything better available)?

Thanks

Is this any help?

http://www.nationwide.co.uk/mediacentre/pressreleases/viewarticle.htm?id=2061

You might want to look at this one

http://www.leedsbuildingsociety.co.uk/savings/online-bonus-isa.html

or have a look at Kazza's stick thread above

2013yearofthehouse

david78 wrote: »

Have a look here

http://www.nationwide.co.uk/savings/all_accounts/all_accounts.htm

To find closed issues of ISAs you need to look in the savings section. For some reason you won't find them in the ISA section.

Gross for issue 7 is 2.50%. Bonus is 1.50%

I don't think the rate has ever changed for this account.

Thanks, I was looking at that page earlier and could have sworn they used to have info on past accounts, but they've changed the format since I last looked and I completely missed the new tab feature at the top! Feel silly