instant access isa to e-bond (nationwide)

chopperward

i have just seen on the nationwide website that if i open a 1yr e-bond i can get 6.4%

would i get this full amount as the new financial year has started?

also what happens at the bonds end? does it get transferred into my access isa again without counting towards yearly allowance.

is there any reason not to switch?

thanks

bristolleedsfan

chopperward wrote: »

i have just seen on the nationwide website that if i open a 1yr e-bond i can get 6.4%

would i get this full amount as the new financial year has started?

also what happens at the bonds end? does it get transferred into my access isa again without counting towards yearly allowance.

is there any reason not to switch?

thanks

In order not to lose that particular years ISA allowance you are better off transferring the ISA funds into Nationwides 6.15% One or Two Year ISA fixed rate account.

chopperward

thanks

when would the dealine be fpr this offer?

bristolleedsfan

chopperward wrote: »

thanks

when would the dealine be fpr this offer?

Nobody knows how long the 6.15% rate will be held for.

The_Fiddler_2

Just to clarify 6.4% bond is not an ISA bond.