Should I keep ISA with Nationwide?

popsy20

Hi, I'm a bit confused and hope someone can help

Husband and I currently have about 10K each in instant access ISAs with Nationwide. When I've checked the interest rates it is only 5.15% for the amounts we have. But I have read on this forum about fixed rate ISA with NW for over 6%.

Should I keep my ISA with NW - do they have different rates for new customers?

Is it worth transferring the money to another bank / BS?

Thanks

x x x

bristolleedsfan

popsy20 wrote: »

Hi, I'm a bit confused and hope someone can help

Husband and I currently have about 10K each in instant access ISAs with Nationwide. When I've checked the interest rates it is only 5.15% for the amounts we have. But I have read on this forum about fixed rate ISA with NW for over 6%.

Should I keep my ISA with NW - do they have different rates for new customers?

Is it worth transferring the money to another bank / BS?

Thanks

x x x

U can transfer into Nationwides 6.15% ( one or two year fix) if u wanted to.

U could also transfer to another Bank/BS if u wanted to.

torbrex

popsy20 wrote: »

Hi, I'm a bit confused and hope someone can help

Husband and I currently have about 10K each in instant access ISAs with Nationwide. When I've checked the interest rates it is only 5.15% for the amounts we have. But I have read on this forum about fixed rate ISA with NW for over 6%.

Should I keep my ISA with NW - do they have different rates for new customers?

Is it worth transferring the money to another bank / BS?

Thanks

x x x

I am in a similar position with NW, my money is in the members bond ISA at a slightly higher rate (5.3%) and have decided to transfer mine into the fixed rate ISA bond paying 6.15%.
They do not have different rates for old and new customers as far as I can see.

bilbo_2

if you transfer out of the members isa bond to another provider do you have to give 60 days notice ?