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Barclays Tax Haven ISA: Have you opened one?
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applied for a barclays isa online on april 6,got email confirming,heard nothing since.0
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I went to a local branch of Barclays to pay in a cheque before the end of the 07/08 year. I was told that they couldn't accept any payments and was given an envelope to send a cheque to their office in Glasgow. I then rang t ISA customer services and was told to send it to their office in Liverpool. They wouldn't accept an electronic transfer because I have a current account with another bank. I sent the cheque off to Liverpool and waited and waited. When I called ISA customer services, they said they couldn't find the cheque. I asked to speak to a manager and she apologised and told me that they would look into it. I was also promised £30.00 compensation. Despite reassuring me that they would contact me to let me know what has happened; I haven't heard anything and now I've discovered that my cheque has been cashed. Barclays sent me a letter saying that they will reply to my complaint by the middle of May. I've lost the will to live.0
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I applied in branch and got confirmation letter of 15th March, my account still hasn't been opened. Doubley miffed as was persuated to open account with only £1 and told I could put in the other £2,599 when it was opened. I have had this money standing idle in my current account for a month now. Have telephoned their ISA department and called in at my branch and there is nothing anyone can/will do.:mad:0
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Opened online on 6th April. £1500 sitting in crummy barclays current account since then.
ISA opened today, 3 days under 1 calendar month!
I will check to see if my lost interest has been credited next month. :rolleyes:0 -
isa opened Friday, after applying online 6th April. £3k was at least sat in my barclays 4.42% e-saver for the month.
We shall see what happens about the interest0 -
I applied in branch clutching passport, utility bill etc for I.D. and my application was filled out by branch staff. They already had me on file from a previous account so it was all straight forward. Some time later (I was on holiday) I received a response telling me that I would have to return to branch to re-verify my I.D. because branch had made an error in getting my status right on the computer. I said that I wasn't returning anywhere since it was a 20 miles round trip and half a day by public transport. Under the circumstances it was logged as an official complaint and I was assured that it would all be sorted out. About a month later I received a letter telling me that I would have to return to branch to re-verify my I.D. Since it was their error they would reimburse my bus fare ( I am an OAP with a free bus pass). I said that it was too much hassle and that there were other institutions that would be happy to take my money so to forget about it. I haven't heard anything since.0
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As non Barclays customer I had to open at branch, where staff refused to open a/c without appointment with financial adviser. Forms completed, id checked and cheque handed over on 22/4/08. Manager said some delay with paperwork is expected but interest will be backdated to 22/4. Letter dated 27/4 received from barclays cust service Glasgow stating I should expect a/c to be opened within approx 4 weeks, and interest will be earned from that opening date. No mention of backdating. I'm about to make a formal complaint to the branch and if necessary to the centre. All this is not worth the trouble - I should have gone for one of the many online offerings. Barclays forces new customers to a branch so can sell extra things but is unable to cope with demands or keep its managers' promises.0
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Can't begin to tell you how pathetic I think Barclays are. Impossible to get to speak to anyone; a/c only just opened after 5 weeks; not a hint of any promise regarding backdated interest; second year in a row they have done this.
Barclays must know that if it offers market-leading rates promoted on websites such as this there is going to be huge demand and should gear itself up accordingly.
Needless to say, I shall not be considering Barclays for my ISA money next year regardless of how glamourous their interest rates are - it's just too much hassle and grief!0 -
surely by now it is obvious there is a clear pattern of incompitance, misleading promises of "backdating interest", incorrect term and conditions of payments into a/c , poor customer service when approached to sort out any of these problems , and inability to open a/cs within a reasonable time period to get MSE to update and at least for warn people to the pitfalls to opening a BARCLAYS TAX HAVEN CASH ISA.
There must be a lot of people over this weekend, sat around on their computers looking at opening an isa and yet MSE are still recomending them on their main site?
surely a warning to this pattern of problems is called for!0 -
Exactly the same thing happened last year (if you look back to this time last year the exact same thread theme was the top thread for at least a couple of months). This year I actually tried to warn some forum users about Barclays incompetence in opening ISA accounts but was dismissed by some of the very same posters who are complaining now - guess until it happens to you and all that......
As far as a warning, I think there is some mention in the ISA article regarding Barclays and their promise to back date interest but agree that it may be helpful to put a more prominent warning up highlighting the issues Barclays customers are having, at least in the short term.0
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