Vanquis

tsmiggy54

As anyone had any experiences with this bank?

I have a existing ISA, which i wish to transfer to there 1 year fix, but i have very little knowledge of them. It will obviously involve them carrying out the transfer, so any experiences you may of had with them, would be great.

Thanks

wmb194

tsmiggy54 said:

As anyone had any experiences with this bank?

I have a existing ISA, which i wish to transfer to there 1 year fix, but i have very little knowledge of them. It will obviously involve them carrying out the transfer, so any experiences you may of had with them, would be great.

Thanks

I've not used it for an Isa transfer but generally, yes, it's fine. Over the years I've used it for lots of fixed rate bonds and not had any problems. 

Its parent company used to be called Provident Financial and it's listed on the London stockmarket, VANQ.

https://en.wikipedia.org/wiki/Vanquis_Banking_Group

https://www.londonstockexchange.com/stock/VANQ/vanquis-banking-group-plc/company-page

peter021072

I'm in the process of transferring a fixed cash ISA to them.  They have the longest transfer window I'm aware of (30 days). I've used them before without any problems. 

tsmiggy54

peter021072 said:

I'm in the process of transferring a fixed cash ISA to them.  They have the longest transfer window I'm aware of (30 days). I've used them before without any problems. 

Is 30 days normal or is this a one off. 

legalfreak

Be careful with them. On the day your money returns to your nominated account, all your savings details (not sure about ISA) are scrubbed from your webpage and then you are swiftly locked out. Take screenshots of everything. 

tsmiggy54

legalfreak said:

Be careful with them. On the day your money returns to your nominated account, all your savings details (not sure about ISA) are scrubbed from your webpage and then you are swiftly locked out. Take screenshots of everything. 

Thank you, i have a ISA that as matured, and the interest rate is not too good. I was hoping to transfer from my present ISA account to there 1 year fixed. But i have already been informed there process is not the fastest in the world. So not too sure now, with your comments.

Thanks

Dreya

Ive just transferred my ISA to them with no problems, only took a few days for them to move money. You get given a reference number on screen, and you receive emails as the process goes.

MarkFromCornwall

tsmiggy54 said:

 I was hoping to transfer from my present ISA account to there 1 year fixed. But i have already been informed there process is not the fastest in the world. So not too sure now, with your comments.

I did this recently.  It took 5 days (3 working days and a weekend).  I recommend Vanquis.