Internal transfer mistake

colsten

You don't have to do your main banking at Nationwide in order to hold a FlexDirect account with them. You just need to switch a current account - any current account - to them. They'd even pay you and a friend £200 for doing so. And then you have access to the FlexClusive products, incl the 1.65% ISA, and also 5% AER on up to £2,500 for an entire year.

But whether you do that or not, if you ask them nicely face-to-face, they might correct the mistake you made and consider it an ISA transfer. The emphasis is on asking them nicely. Good luck.

The_stingemeister

colsten wrote: »

so why is it in a 1.4% account and not at least in a FlexClusive ISA?

the £400ish that you mis-transferred in will not earn tax-free interest. The money already in the target ISA should be unaffected as you deposited it in accordance with the rules.

You should really be speaking with Nationwide.

Thankfully thats what they've told me.