Nationwide ISA + Save to buy ISA

Exergy

Hi All,

Just got a letter from first direct saying they are reducing ISA rates so naturally I am leaving them asap.

I have seen that Nationwide do a linked ISA @ 1.6%, so was planning on opening one of those to transfer my FD one too.

Also spotted that they have a "Save to Buy" ISA (believe this is different to "Help to Buy") @ 2% which I appear to be eligible for. However, it only lets you transfer from Nationwide ISAs.

Herein lies my questions that I am hoping you fine people can help me with:

1. If I open the regular Nationwide ISA, and transfer into it, can I then open the Save to Buy ISA and transfer from the newly opened regular ISA into it?
2. As I still won't have put new money into an ISA this year, am I still eligible to open a regular "Help to Buy" ISA from 1 Dec?

Thanks for your help all

Dane

MARTYM8`

Exergy wrote: »

Hi All,

Just got a letter from first direct saying they are reducing ISA rates so naturally I am leaving them asap.

I have seen that Nationwide do a linked ISA @ 1.6%, so was planning on opening one of those to transfer my FD one too.

Also spotted that they have a "Save to Buy" ISA (believe this is different to "Help to Buy") @ 2% which I appear to be eligible for. However, it only lets you transfer from Nationwide ISAs.

Herein lies my questions that I am hoping you fine people can help me with:

1. If I open the regular Nationwide ISA, and transfer into it, can I then open the Save to Buy ISA and transfer from the newly opened regular ISA into it?
2. As I still won't have put new money into an ISA this year, am I still eligible to open a regular "Help to Buy" ISA from 1 Dec?

Thanks for your help all

Dane

Yes to 1 but the save to buy isa can only be opened via a branch visit so they can check you are eligible and

Re 2 - doesn't matter as you can apparently pay into a help to buy ISA and another NW cash isa in the same year. This is unique to NW out of the HTB providers I believe - given their special multi wrapper cash ISA arrangements.

http://www.nationwide.co.uk/support/support-articles/important-information/help-to-buy-isa