Nationwide 1st year 5% coming to end for me, where next?

purplestar133

YorkshireBoy wrote: »

...into my Nationwide Flexclusive ISA (opened last year with £1, and paying 2.5% I think?).

2.5%? Nice. Should have thought of doing that in March knowing I would be looking for an ISA to put the £2500 from the Flex Direct into at the end of the initial 12 months.

Chorlie

YorkshireBoy wrote: »

On the subject of tactics, I've shifted 2 x £2,499 into my Nationwide Flexclusive ISA (opened last year with £1, and paying 2.5% I think?).

My Flexclusive ISA is paying 2% and had a letter this week informing me it was dropping to 1.5%....

eskbanker

Speculator wrote: »

I just moved £2499 from 8 accounts leaving £1 in each. The money has been moved to accounts paying 3% , 3.35%, 3.75% and 4%.

Go on then, I'll bite! What are these accounts, or more to the point, are they still available? I know there are all the current accounts offering 3% and a couple offering 4% for small amounts but wasn't aware of options in between at the moment....

YorkshireBoy

Chorlie wrote: »

My Flexclusive ISA is paying 2% and had a letter this week informing me it was dropping to 1.5%....

Not an Issue 3 then?


Mine does still show 2.5% online (opened early April 2013).

innovate

YorkshireBoy wrote: »

Not an Issue 3 then?

No, it's issue 1 - the one that was on 4.25% until October and that must have cost Nationwide a bomb because they had to allow people to transfer in due to a loophole in the T&Cs. So perhaps they are now trying to claw some money back from those accounts but I think all they'll see is a mass-exit.

Quite possible they'd like to retain issue 3, 4, 5 and 6 customers at their respective current rates because Nationwide did manage their exposure a lot better on those issues.

Speculator

eskbanker wrote: »

Go on then, I'll bite! What are these accounts, or more to the point, are they still available? I know there are all the current accounts offering 3% and a couple offering 4% for small amounts but wasn't aware of options in between at the moment....

3% Lloyds/TSB/Santander
3.35% N&P e-family & family reg (closed issue)
3.75% Yorkshire reg issue 1 (closed issue)
4.00% Clydesdale

Also, recently opened 2 x Nottingham Reg 5% by post. (we live in Herts) I think they've closed that loophole now.

The_pc_tech

Well, phoned Yorkshire Bank to complete the application last night and got approved for the account, just got to wait for the paperwork now.

anna42hmr

The_pc_tech wrote: »

Well, phoned Yorkshire Bank to complete the application last night and got approved for the account, just got to wait for the paperwork now.

Me too, I applied this morning, wasn't to bad only took 20 minutes on the phone, they stated should get the paperwork within a week. hopefully that will leave enough time for it to be fully set up before nationwide interest rate drops on 9 march.

adindas

Has anyone exploited the free OD facility and does not get charge ?

zerog

adindas wrote: »

Has anyone exploited the free OD facility and does not get charge ?

We'll only find out at the end of the month.