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How quick are First Direct at ISA Transfers

Hi

Has anyone know how quick First Direct are at ISA transfers. Trying to take advantage of their cashback offer but cutting it fine I think. The ISA I'm transferring is with Santander.

Cheers

Comments

  • 35har1old
    35har1old Posts: 2,244 Forumite
    1,000 Posts Third Anniversary Name Dropper
    edited 25 April at 12:55AM

    If you submit the transfer request before the deadline and transfer is over the £10000 you would qualify for the £100 payment even if it was not received to after the deadline date

    The interest rate is pretty poor would have to transfer again after the 31st July

    Had attempted to transfer to HSBC account opened 31st March for the bonus transfer request had not been submitted to the old provider 24/04 had wanted the transfer in before adding cash deposit only had to 30th to add cash but decided today to close

    Just adding gain over the 2 months £70 but 4.5% currently available might not be around come August

  • sheffieldeagle
    sheffieldeagle Posts: 823 Forumite
    Part of the Furniture 500 Posts Name Dropper Mortgage-free Glee!

    Just realised you have to print and post the transfer form. I'm trying to decide whether to bother for the small gain.

    Cheers

  • Albermarle
    Albermarle Posts: 31,259 Forumite
    10,000 Posts Seventh Anniversary Name Dropper

    The interest rate is pretty poor would have to transfer again after the 31st July

    I have had a First Direct joint current account for over 30 years. Numerous times I have checked their savings rates and various insurance quotes, and they are always uncompetitive. Apart from one regular saver.

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