Trading 212 >>>>Vida ISA transfer

Mrs_Trellis_of_North_Wales

Yarrows said:

Not meaning to rub it in, but just to give my experience:

I opened a Vida Easy Access ISA to be funded by a transfer in from my Trading 212 cash ISA on 15 May, filled in the transfer request form and emailed it back to Vida in the evening of the same day, received the confirmation request from T212 on the morning of 23 May and returned it immediately (after checking the Vida details on the form were right), and the funds were showing with Vida by the afternoon of 23 May.

The transfer process between the 2 seems to have got a lot slicker with practice? I don't know if it helped that it was a full transfer of previous years' money only. But it certainly worked fine for me.

This was my experience too. I emailed the transfer request form to Vida on 16th June. The confirmation request from T212 arrived on 23rd June, and the funds were with Vida in the morning of 24th June. It was also a full transfer. The only problem was that the Vida transfer request form wouldn't accept my guesses at a T212 sort code, such as 000000 or leaving it blank, but 609242 worked. 

MatLoweRN

I initiated a transfer from Monument to a Vida Defined Access ISA on 20th June.  

Received a confirmation email telling me that the transfer was complete on 24th June.

Received an email to let me know they're reducing the interest rate from 4.63% to 4.38% on 25th June!!!!!

I thought a transfer was a reasonably safe bet after the BoE held interest rates last week.
Obviously not, lesson learned!

Archerychick

MatLoweRN said:

I initiated a transfer from Monument to a Vida Defined Access ISA on 20th June.  

Received a confirmation email telling me that the transfer was complete on 24th June.

Received an email to let me know they're reducing the interest rate from 4.63% to 4.38% on 25th June!!!!!

I thought a transfer was a reasonably safe bet after the BoE held interest rates last week.
Obviously not, lesson learned!

It’s typical isn’t it. It’s still higher than your Monument rate. I’m about to shift the rest of my monument into my Vida account