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Nationwide 0.75% 18 month ISA plus £50 bonus *** now withdrawn

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Comments

  • pbartlett
    pbartlett Posts: 1,397 Forumite
    1,000 Posts Name Dropper
    To answer the interest question - you will (obviously) continue to earn whatever interest you are getting on your old ISA up to the date it is transferred to NWide.

    In addition, you will (should!) get interest from NWide at 0.75% on the transferred balance from the date you submitted the application to Nationwide.

    So yes, double interest. 
  • fleemkt
    fleemkt Posts: 175 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    Those who've had their ISA balance transferred from anpther provider, could you confirm what (investment) date is reflected on your account?

    Is it the date of application or date funds received?




  • wiseonesomeofthetime
    wiseonesomeofthetime Posts: 2,553 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    edited 18 May 2021 at 9:04PM
    Start date is application date.

    Funds visible day they appear, i.e. no back-dating.
  • fleemkt
    fleemkt Posts: 175 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    So how does Nationwide confirm your start date?

    Confirmed in writing / letter?

    Or investment date shown on ISA certificate or similar?

  • pbartlett
    pbartlett Posts: 1,397 Forumite
    1,000 Posts Name Dropper
    This is what you (eventually!) get - personal bits blanked out:


  • fleemkt
    fleemkt Posts: 175 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    Thanks pbartlett for confirming.


  • Rich2808
    Rich2808 Posts: 1,406 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper Combo Breaker
    pbartlett said:
    This is what you (eventually!) get - personal bits blanked out:


    I expect there aren't many people who invested a full £85,000 in this account. 
    Looks very posh anyway - but surely a letter would have done to save time given their backlog!

  • fleemkt
    fleemkt Posts: 175 Forumite
    Fifth Anniversary 100 Posts Name Dropper
    Well, my current provider has notified me that they've received Nationwide's request and that I now need to serve my notice.

    However, should I have already / be expecting a progress update (text?) from Nationwide too?

    Can those who had to serve notice share your experiences please?


  • Miró
    Miró Posts: 7,160 Forumite
    Part of the Furniture 1,000 Posts Homepage Hero Name Dropper
    My 'transfer in' was sent to Nationwide by my old provider on 20th April, (had confirmation of this from old provider).  Heard zilch  from Nationwide since!!!  Have been in contact with NW by the secure message thingy but they just said there was a backlog and it would be dealt with eventually.  I would just like to know where my money actually is and when it is all going to be sorted out.

    Anyone else having problems with the mobile app?  I have to reboot my phone a couple of times to get the app to open then have to reload the app several times to get it to work.  What a pain the whole business is!!
  • refluxer
    refluxer Posts: 3,289 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper
    Miró said:
    Anyone else having problems with the mobile app?  I have to reboot my phone a couple of times to get the app to open then have to reload the app several times to get it to work. 
    For info... no issues here with the NW banking app - that's on a Pixel 2 running Android 9. The app loads in about 5 seconds (including the fingerprint log-in) and it's never crashed.
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