Transfer Cash ISAs Discussion Area

DragonQ

Hmm sounds like the best around for transfers if you have £24k+ so I'll probably use it come November if it's still around then. It is listed on the best transfer-in ISAs page by the way (scroll down a bit).

If I were to move my entire ISA money there, I'd earn almost the same as if I moved most of my ISA money out of my ISA and into Vantage accounts and kept the rest in a 2% Flexclusive ISA. Might as well keep it wrapped up if I can.

BillTee

Thanks DragonQ. Don't know how I missed it on Best Buy:

paulcalf_2

£24k ISA transfer from Santander 1.5%variable

Is BM Savings the best transfer rate i'll get at 2% (Balances over 15K)?
Yorkshire seem to offer 2.5%, but you need to give 40 days notice if you want the cash, which i may well need

Thanks

dwp3

DragonQ wrote: »

Hmm sounds like the best around for transfers if you have £24k+ so I'll probably use it come November if it's still around then. It is listed on the best transfer-in ISAs page by the way (scroll down a bit).

I decided to do this with Yorkshire Bank last week. One part of their website said I could apply online but clicking on How To Apply, I found that you can't, you can only download a postal application form. Also, despite MSE saying transfers in are allowed, there was no section for this on the form. So I rang them and the guy initially said no transfers in, but when I quoted MSE he went away for a while, then came back and said I could. I said "Fine, I'll go into the local branch", which he seemed to think would be ok.

Today I visited the branch, waited 20 mins to see somebody, then was told no transfers in are allowed. I said I'd been told the opposite by their telephone banking staff, so she checked, and then said transfers were stopped last Friday (20th) and there was nothing she could do for me.

With their inconsistent website, phone support and branch I'm thinking I probably didn't want my money with Yorkshire Bank anyway - maybe I had a lucky escape !

But the MSE site does need updating and YB removing from the transfers page.

p.s. their 2.5% rate is going to drop to 2% on December 1st, in case anyone has managed to get them to accept any money.

typistretired

Yes nothing on their website about stopping transfers into the 40 day notice account.

The following are now showing as ISA accounts you can transfer into:-

"You have the option of choosing which one of our Cash ISAs you want to transfer your existing ISA(s) to by selecting one of the following options:
Cash ISA Instant Access - a standard Cash ISA Instant Access account where you have immediate access to your money, without charge

Interest rates tiered going down, 1st December 2013. Showing 1.60% at the moment for £24,000.

Cash ISA Fixed Rate Bond (Issue 21) & (Issue 22) - A Fixed Rate Bond pays a guaranteed interest rate so you know exactly how much your savings will grow.

Issue 21 guaranteed interest rate of 1.75% Tax-free/AER until 30th October 2015. Issue 22 guaranteed interest rate of 1.60% Tax-free/AER until 31st October 2014."

typistretired

Very pleased with Nationwide Building Society.

I arranged a few weeks ago for my isa with them to be moved to Coventry Building Society on 1st October 2013 after interest rate had dropped from 3.10% to 1.00%. Just checked online Coventry Building Society account and the isa arrived in my isa with them the same day.

thenudeone

Archi_Bald wrote: »

It all depends on the T&Cs of that existing ISA account

Not Really.

It either allows transfers in - in which case the transfer can occur;
Or it doesn't allow transfers in, the ISA transfer can't happen.

Archi_Bald

thenudeone wrote: »

Not Really.

It either allows transfers in - in which case the transfer can occur;
Or it doesn't allow transfers in, the ISA transfer can't happen.

I think we are saying exactly the same, just using different words.

Yawn

Hello,

Apologies if this question was asked recently - I scrolled through quite a few posts but couldn't find the answer that I was looking for.

The bonus rate (4.25%) of my Nationwide Flexclusive ISA is ending this month (the balance belongs to the 2012/2013 tax year). I am wondering whether there is anything half decent I can transfer the balance to? The problem is that I already opened the Newcastle Regular Saver ISA so I cannot make new payments in for the current tax year. All the fixed-rate ISAs I've seen demand a minimum deposit of some sort (for the current tax year?) So I'm a bit lost at the moment - any suggestions are welcome!

innovate

There's a huge thread dedicated to the 4.25% ISA. Nothing grand to transfer to but different people have different plans.