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Abbey or A&L?

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Comments

  • tomprice
    tomprice Posts: 35 Forumite
    So...
    Seems to suit my needs.

    It does allow transfers in. I presume it also allows transfers out without affecting interest etc?

    I think i will be going for Abbey and just hoping the rate does not drop.

    Or mind you. Nationwide seems to offer transfers in at 6.15% fixed. This i guess though would not allow me to transfer out without being penalised. I'd like that option open.
  • Baldur
    Baldur Posts: 6,565 Forumite
    tomprice wrote: »
    Or mind you. Nationwide seems to offer transfers in at 6.15% fixed. This i guess though would not allow me to transfer out without being penalised. I'd like that option open.

    See http://www.nationwide.co.uk/pdf/savings/P115_ISAs.pdf - particularly Paragraphs 41-51
  • tomprice
    tomprice Posts: 35 Forumite
    Ahh - so not really suitable for me then. Thanks.

    I guess my risk is that the variables rates drop too much.
  • Baldur
    Baldur Posts: 6,565 Forumite
    tomprice wrote: »
    Ahh - so not really suitable for me then. Thanks.

    I guess my risk is that the variables rates drop too much.

    On the bright side, they could rise..........but I suspect that we'll all be seeing flying pigs before that happens, at least in the short term. ;)
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