The Top Easy Access Savings Discussion Area

friolento

RosieRooBear said:

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 😊.

OK, I didn't know there isn't an option for an internal transfer in that application form as I had not seen it mentioned before. If that is the case, all seems in order.

grumbler

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% 🤷‍♂️

Just £20K to be precise. The rest is at 4.7%.

I think my excess goes to Coventry.

soulsaver

Moves to No.3 in the ranked-by-rate easy access saver list (ToTP) linked in my signature... 

Family BS 5.04% £100min (27/09) Online Saver | Online Savings Account |Family Building Society

S_uk

Is anyone else having problems trying to log into Coventry's website? I keep getting an error at the moment when asking them to text the security code to log in.

ColdIron

Yup, same here

foshank

ColdIron said:

Yup, same here

Same for me just now

mebu60

S_uk said:

Is anyone else having problems trying to log into Coventry's website? I keep getting an error at the moment when asking them to text the security code to log in.

I got through ok asking them to call me on landline with the code after nothing was happening when I selected text.

chris_the_bee

soulsaver said:

Moves to No.3 in the ranked-by-rate easy access saver list (ToTP) linked in my signature... 

Family BS 5.04% £100min (27/09) Online Saver | Online Savings Account |Family Building Society

This is for Online Saver (6) @ 5.04%.
Online Saver (5) NLA is 5.10% 

Wheres_My_Cashback

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% 🤷‍♂️

But only good at that rate up to £20K, then it's 4.70% so anything else and you could transfer it to Coventry at 4.90%.

S_uk

Further to my earlier message about logging into Coventry, the issue seems to have been resolved.

Incidentally, I've now transferred my ISA twice in the last two weeks (the most recent one to Coventry) and in both cases the transfer completed the next day, so I'm pleased how quick the process now is. One reason why I'd only pick providers that use the electronic BACS service.