Nationwide 0.75% 18 month ISA plus £50 bonus *** now withdrawn

pbartlett

i wonder if the branch have local records eg something like a computerised day book showing everything that happens each day?

i would guess the financial loss you have suffered is based on the rate difference backdated to your application date - may be worth a second complaint on this to get compensation.

MDMD

pbartlett said:

i would guess the financial loss you have suffered is based on the rate difference backdated to your application date - may be worth a second complaint on this to get compensation.

https://www.nationwide.co.uk/support/support-articles/terms-and-conditions/cash-isas

That loss will be zero, as long as they properly logged the application they will automatically backdate the interest (savings promise no 4)

Richchad

Well at last my transfer from Charter bank has arrived at Nationwide, no £50 bonus showing in my Instant Access account yet though.

Today I received a letter from NW regarding my ISA declaration which details I am applying for a cash ISA for the tax year 6th April to 5th April 2022.

As this is an old ISA transferred in from about 2014 is the tax year correct?

When I looked at the transfer in form I completed I didn’t fill in the tax years from and to as wasn’t sure if it applied.

Is it normal to declare this years tax for a transfer in and will I still have this years allowance unused?

Has anyone else who has transferred in had a declaration letter with this tax year shown?

Hopefully someone on here will have better knowledge than me of ISA procedures.

pbartlett

MDMD said:

pbartlett said:

i would guess the financial loss you have suffered is based on the rate difference backdated to your application date - may be worth a second complaint on this to get compensation.

https://www.nationwide.co.uk/support/support-articles/terms-and-conditions/cash-isas

That loss will be zero, as long as they properly logged the application they will automatically backdate the interest (savings promise no 4)

unless i am misunderstanding, nw seem to have lost the application forms and thus won't open the isa and backdate anything

d63

anyone else still waiting for their £50 bonus? my cash isa transfer was completed way back in march but i've heard nothing since except for a certificate of investment sent through the post.

Miró

d63 said:

anyone else still waiting for their £50 bonus? my cash isa transfer was completed way back in march but i've heard nothing since except for a certificate of investment sent through the post.

Yes!!!  Been in touch with Nationwide about it asking when it will be paid but just get fobbed off,,,,'unprecedented demand' etc etc

LADY_A

Still waiting for mine.
Have been promised it before the end of July 🤔💰

LADY_A

Finally received it 💰

ANGLICANPAT

Still waiting for the transfer to happen  ( from end March) never mind the bonus . Still being told its all ok  and in hand  so not too worried . 

d63

LADY_A said:

Finally received it 💰

got mine too now! they even sent me a text message to tell me as well. gosh!