Nationwide ISA transfer

caeler

I’m getting a bit confused about ISAs and Transfers and hoping for some helpful advice! I quite like the look of this 1 year fixed term nationwide product at 5.5%. I have an existing nationwide triple access product with interest due next week on 28 July so plan to transfer that in and add new money.  

Reading the info suggests I can only do the transfer in branch which is such a pain. I don’t remember having to go into branch when I last transferred an ISA between nationwide products. Why for this one? 

Any idea how long I have to fund as there seems no point applying now when the earliest I could get to a branch is next Saturday but I don’t want to loose the product. It might not be there next week! And can I just pop in or will I need an appointment? 

Bigwheels1111

I looked at the T&C and did not see a funding window deadline.

I did see a 14 Day cooling off period.

I ended up going with Virgin Money ISA 3 weeks ago.

All online, Their cooling off period of 14 days is great.

Opened a  3y ISA at 5.2% it had risen 10 days later.

Went into the account, selected new savings. the new ISA ay 5.5%

Ticked a few boxes and new ISA was set up and funded with the old one.

Friday I did it again for 5.55%, But that will get me to the BOE base rate rise.

If rates go up I will change ISA again.

If they dont I will switch 2 a 2y ISA for 14 more days and then switch back.

Every time a new one is opened the old ISA and interest is added to the new one.

35har1old

Bigwheels1111 said:

I looked at the T&C and did not see a funding window deadline.

I did see a 14 Day cooling off period.

I ended up going with Virgin Money ISA 3 weeks ago.

All online, Their cooling off period of 14 days is great.

Opened a  3y ISA at 5.2% it had risen 10 days later.

Went into the account, selected new savings. the new ISA ay 5.5%

Ticked a few boxes and new ISA was set up and funded with the old one.

Friday I did it again for 5.55%, But that will get me to the BOE base rate rise.

If rates go up I will change ISA again.

If they dont I will switch 2 a 2y ISA for 14 more days and then switch back.

Every time a new one is opened the old ISA and interest is added to the new one.

Bigwheels1111 said:

I looked at the T&C and did not see a funding window deadline.

I did see a 14 Day cooling off period.

I ended up going with Virgin Money ISA 3 weeks ago.

All online, Their cooling off period of 14 days is great.

Opened a  3y ISA at 5.2% it had risen 10 days later.

Went into the account, selected new savings. the new ISA ay 5.5%

Ticked a few boxes and new ISA was set up and funded with the old one.

Friday I did it again for 5.55%, But that will get me to the BOE base rate rise.

If rates go up I will change ISA again.

If they dont I will switch 2 a 2y ISA for 14 more days and then switch back.

Every time a new one is opened the old ISA and interest is added to the new one.

The terms say this a lump sum account and can't be added to once opened
Nat West 1yr 5.7%

noh

You can do the transfer online from an existing Nationwide ISA. It is an option at the end of the application process the transfer is done immediately. You can also add new funds from other Nationwide accounts.
I opened one yesterday transferring from the triple access ISA and adding new money from another savings account.