The Top Easy Access Savings Discussion Area

Zaul22

masonic said:

Zaul22 said:

Also very good change their from Chip with the 6 digit pin. Finally starting to listen to customers about security (unlike Tandem). Now they just need to fix the face ID. 

Has anyone checked if the PIN is retained between app installations? The main issue previously was that it wasn't, so could easily be bypassed.

I thought about that a later and no, when you re install it askes you to set a new one so it actually achieved nothing unless you use app lock to stop it being uninstalled. The 2nd phone strategy is still the best. 

wiseonesomeofthetime

Cosmic_Life said:

liam_978 said:

I opened the 4.3% Coventry ISA last month and deposited 20,000. Is it possible to transfer it to the new 4.9%?

Just did this takes 5mins, to open and transfer.  Now off to transfer my ISA from YBS who seem to be lagging way behind.  Seems to take a lot longer with external transfers

My YBS ISA is at 5.20% 🤷‍♂️

liam_978

Bobblehat said:

liam_978 said:

I opened the 4.3% Coventry ISA last month and deposited 20,000. Is it possible to transfer it to the new 4.9%?

As above have said... easy online .... log on, open new one, go to newly opened ISA (which is classed as inactive), transfer all of older ISA into new ISA, older ISA gets closed and any interest goes over with the capital to the new ISA, new ISA then becomes active. Took me about 5mins including screen dumps etc for my records 

Thanks to you and the others that replied. I've just transferred it. First time I've transferred an ISA

friolento

liam_978 said:

Bobblehat said:

liam_978 said:

I opened the 4.3% Coventry ISA last month and deposited 20,000. Is it possible to transfer it to the new 4.9%?

As above have said... easy online .... log on, open new one, go to newly opened ISA (which is classed as inactive), transfer all of older ISA into new ISA, older ISA gets closed and any interest goes over with the capital to the new ISA, new ISA then becomes active. Took me about 5mins including screen dumps etc for my records 

Thanks to you and the others that replied. I've just transferred it. First time I've transferred an ISA

This doesn't sound right. It's not how you transfer an ISA internally in Coventry.

You need to fill in an internal ISA transfer form: https://www.coventrybuildingsociety.co.uk/content/dam/cbs/member/pdfs/useful-forms/isa-internal-transfer-request.pdf

This subject is better discussed on the ISA sub-forum rather than in the easy access thread.

I think you should call the Coventry in the morning.

happybagger

wiseonesomeofthetime said:

Cosmic_Life said:

liam_978 said:

I opened the 4.3% Coventry ISA last month and deposited 20,000. Is it possible to transfer it to the new 4.9%?

Just did this takes 5mins, to open and transfer.  Now off to transfer my ISA from YBS who seem to be lagging way behind.  Seems to take a lot longer with external transfers

My YBS ISA is at 5.20% 🤷‍♂️

Presume that's the loyalty one that the rate drops below 20k, and becomes a lower rate after a year?

RosieRooBear

friolento said:

liam_978 said:

Bobblehat said:

liam_978 said:

I opened the 4.3% Coventry ISA last month and deposited 20,000. Is it possible to transfer it to the new 4.9%?

As above have said... easy online .... log on, open new one, go to newly opened ISA (which is classed as inactive), transfer all of older ISA into new ISA, older ISA gets closed and any interest goes over with the capital to the new ISA, new ISA then becomes active. Took me about 5mins including screen dumps etc for my records 

Thanks to you and the others that replied. I've just transferred it. First time I've transferred an ISA

This doesn't sound right. It's not how you transfer an ISA internally in Coventry.

You need to fill in an internal ISA transfer form: https://www.coventrybuildingsociety.co.uk/content/dam/cbs/member/pdfs/useful-forms/isa-internal-transfer-request.pdf

This subject is better discussed on the ISA sub-forum rather than in the easy access thread.

I think you should call the Coventry in the morning.

I disagree, it works perfectly online, no need to fill out an internal transfer form. I’ve done exactly what bobblehat and liam_978 have done. When you open the new 4.9% isa at the end of the form it asks if you would like to make an internal transfer from another Coventry ISA. You then just fill in which ISA you would like to transfer from and which ISA you would like the funds to go to. The funds are then transferred immediately to the new ISA and the old ISA is closed, job done 😊.

Bobblehat

friolento said:

liam_978 said:

Bobblehat said:

liam_978 said:

I opened the 4.3% Coventry ISA last month and deposited 20,000. Is it possible to transfer it to the new 4.9%?

As above have said... easy online .... log on, open new one, go to newly opened ISA (which is classed as inactive), transfer all of older ISA into new ISA, older ISA gets closed and any interest goes over with the capital to the new ISA, new ISA then becomes active. Took me about 5mins including screen dumps etc for my records 

Thanks to you and the others that replied. I've just transferred it. First time I've transferred an ISA

This doesn't sound right. It's not how you transfer an ISA internally in Coventry.

You need to fill in an internal ISA transfer form: https://www.coventrybuildingsociety.co.uk/content/dam/cbs/member/pdfs/useful-forms/isa-internal-transfer-request.pdf

This subject is better discussed on the ISA sub-forum rather than in the easy access thread.

I think you should call the Coventry in the morning.

I tried to list the things I did, in the order I did them .... and I know it worked! What I left out was that I rang Coventry before doing those things to ask what is the easiest way of opening the new EA ISA and transferring my slightly older Coventry EA ISA to the new one. I followed their instructions and it was problem free.

So you are perfectly entitled to express your opinion, but practice has proved that you are wrong in saying that is not how you should do it! RosieRoobear adds a bit more detail to the process .... thanks!

I do agree that these ISA related posts might have been better on the ISA sub-forum, but several forumites seemed perfectly happy to let an Easy Access ISA to be discussed on an Easy Access thread ... so, Hey! Ho, it's done!

Cosmic_Life

happybagger said:

wiseonesomeofthetime said:

Cosmic_Life said:

liam_978 said:

I opened the 4.3% Coventry ISA last month and deposited 20,000. Is it possible to transfer it to the new 4.9%?

Just did this takes 5mins, to open and transfer.  Now off to transfer my ISA from YBS who seem to be lagging way behind.  Seems to take a lot longer with external transfers

My YBS ISA is at 5.20% 🤷‍♂️

Presume that's the loyalty one that the rate drops below 20k, and becomes a lower rate after a year?

I checked could not see a YBS ISA at 5.2% so must be an account thats NLA

Bobblehat

liam_978 said:

Bobblehat said:

liam_978 said:

I opened the 4.3% Coventry ISA last month and deposited 20,000. Is it possible to transfer it to the new 4.9%?

As above have said... easy online .... log on, open new one, go to newly opened ISA (which is classed as inactive), transfer all of older ISA into new ISA, older ISA gets closed and any interest goes over with the capital to the new ISA, new ISA then becomes active. Took me about 5mins including screen dumps etc for my records 

Thanks to you and the others that replied. I've just transferred it. First time I've transferred an ISA

Well, there is at least two happy people who transferred their old ISA to their new one .... you and RosieRooBear 

Correction ...Three people .... including me!

Catplan

Cosmic_Life said:

happybagger said:

wiseonesomeofthetime said:

Cosmic_Life said:

liam_978 said:

I opened the 4.3% Coventry ISA last month and deposited 20,000. Is it possible to transfer it to the new 4.9%?

Just did this takes 5mins, to open and transfer.  Now off to transfer my ISA from YBS who seem to be lagging way behind.  Seems to take a lot longer with external transfers

My YBS ISA is at 5.20% 🤷‍♂️

Presume that's the loyalty one that the rate drops below 20k, and becomes a lower rate after a year?

I checked could not see a YBS ISA at 5.2% so must be an account thats NLA

It’s a Loyalty product and is no longer available 5.2% on up to 20k, drops to 4.7 from 20,000.01 and above.