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Nationwide Cash ISA Autumn 2015

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Hi, I'm currently in a Cash ISA with Nationwide with a not-so amazing 1.15% interest. This rate is extended to Autumn 2015 so I effectively get a year and six months interest instead of a year. Trouble is, I would like to get a better rate, but I'm worried that I cannot apply for another ISA until 2015 or 2016 if I am forced to wait. Any thoughts on this would be appreciated.

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  • jimjames
    jimjames Posts: 18,710 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    edited 6 April 2015 at 10:28AM
    You can open a new ISA today if you haven't done already. I don't understand why you'd hang around with a poor rate until Autumn when you can move it now?

    How much is in your ISA already?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Alter_ego
    Alter_ego Posts: 3,842 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    You could transfer to another provider for a better rate. Do it via the new provider, do not withdraw.
    Alternatively some current accounts pay better rates.
    I am not a cat (But my friend is)
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