barclays isa help

c3vrg

i have a isa from last year with barclays , and want to add this years allowance to it yet when i try to do this online it says i must have more than 1 account to transfer money. what am i doing wrong or do ineed to open a whole new isa this year . cheers mark

ScoobyCanDo

Barclays do not allow Online Transfers in to their ISA's!!!

You will have to phone their Savings Service Line on 0845 603 0845 and best of luck getting through!

[You could pay a visit to your local Barclays (if you have one) and ask one of their advisors ........... but they may make you make an appointment and to come back at a later date?]

Best of luck ............... !!!

Driving_Soon

Do they not? Sorry for Hi-jacking this thread .. But i had planned to put £3600 into my ISA tomorrow online!!

Lokolo

Its saying you need more than 1 account as you are trying to transfer money... how can you transfer money when only have one account?

You can write a cheque for yourself and go to Barclays bank and they will cash it for you.

c3vrg

Does seem strange to me as i do have a current account . I thought the isa was my second account, and that i could then transfer money from my current account ?

Mikeyorks

As post #2 .... the 'account maintenance' is categorised as 'view' access only for online .... so you can't transfer money in directly. Only via Branch / 'phone. More than a bit weird in this day and age .... and particularly when they do say, elsewhere, you can fund by SO.

jonny1664

Have also just discovered this, I was expecting to be able to move my 3600 into my existing Taxhaven ISA from this week.

So the only way to add funds is by telephone or by appointment in the branch, that seems crazy!

Lokolo

Or by cheque....

c3vrg

havent reallly got time to go into the bank so if i write a cheque can i get someone else to pay it in for me , using the isa account number and sort code ?does this seem ok

10_66

c3vrg wrote: »

i have a isa from last year with barclays , and want to add this years allowance to it yet when i try to do this online it says i must have more than 1 account to transfer money. what am i doing wrong or do ineed to open a whole new isa this year . cheers mark

Is it a Tax Beater you've got? If it is, the interest rate on this will be losing it's 1% bonus on the anniversary of when it was opened, the rate will then only be 5.50% AER. If you wanted to stay with Barclays, you'd be better off opening their Tax Haven, which is 6.50%, for your 08/09 contribution (which includes a 1% bonus for 12 months - unless they withdraw the bonus earlier), instead of adding to the Tax Beater.

c3vrg

it is a tax haven version