📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Trading 212 Cash ISA transfer in process

Options
juw8e7
juw8e7 Posts: 94 Forumite
10 Posts First Anniversary Name Dropper
edited 12 May at 11:21AM in ISAs & tax-free savings
Is it straight forward and swift, or fraught with unnecessary headaches? I need to find a better rate asap. Been putting it off far too long!

Comments

  • clairec666
    clairec666 Posts: 310 Forumite
    100 Posts Name Dropper
    My transfer in from Skipton was straightforward. Delayed slightly because Skipton said they needed my signature, but this was swiftly fixed through their online chat. As soon as that was sorted, the transfer went through very quickly (only a couple of days if I remember rightly...)
  • ob1kinobi
    ob1kinobi Posts: 10 Forumite
    10 Posts First Anniversary Photogenic
    I requested my transfer of old ISA cash from another bank on 11th April through the Trading 212 mobile app. Bearing in mind it was probably in the busiest week of the year I was number 99 in the queue. It took 6 days for my funds to arrive on 17th April. I didnt have any anxiety over this as the old provider is renowned for taking 3 days to release funds to your nominated account anyway. If you use the Trading 212 app to monitor progress you can see your position in the queue changing from day to day if needed.
  • Sg28
    Sg28 Posts: 450 Forumite
    Third Anniversary 100 Posts Name Dropper
    Assuming we are talking isas... my transfer from zopa took the full 15 working days, in that time there was no communication from either company. 
    Ex Sg27 (long forgotten log in details)

    Massive thank you to those on the long since defunct Matched Betting board.
  • Frequentlyhere
    Frequentlyhere Posts: 338 Forumite
    Sixth Anniversary 100 Posts Photogenic Name Dropper
    I think it's very straightforward, and they don't even make you print off/post anything at all. The first one I did took only 3 days, the second one 10 days.
  • juw8e7
    juw8e7 Posts: 94 Forumite
    10 Posts First Anniversary Name Dropper
    Thanks guys. So no forms or anything via post? Great.
  • juw8e7
    juw8e7 Posts: 94 Forumite
    10 Posts First Anniversary Name Dropper
    Highly likely everything will get reduced again in coming weeks with recent BOE cut.
  • Frequentlyhere
    Frequentlyhere Posts: 338 Forumite
    Sixth Anniversary 100 Posts Photogenic Name Dropper
    Not necessarily - Not ISA's but Atom emailed me yesterday to say they're leaving their instant access rate at 4.75% untouched after the decision, and meanwhile Chase have a rate on offer that would be at 4.55% even if they do implement the full cut, so if T212 cut this rate further from 4.35% they're likely to suffer for it.
  • PJWMAX
    PJWMAX Posts: 3 Newbie
    Sixth Anniversary First Post
    I started a transfer with 212 on 16th April still not showing in my account, I'm giving 212 until end of Tuesday to give me a satisfactory answer to and when I can expect the transfer to be complete, will probably cancel transfer if not happy with the answer. Shocking service
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.1K Banking & Borrowing
  • 253.2K Reduce Debt & Boost Income
  • 453.6K Spending & Discounts
  • 244.1K Work, Benefits & Business
  • 599.1K Mortgages, Homes & Bills
  • 177K Life & Family
  • 257.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.