ISA 0.6% is this right?

I'd advise to stay away from Santander. I have only been with them a year and now got my second problem with them. Transferred £3500 from my current account and it all went in fine, then a week or so later i transfer the rest of my years allowance and they had locked my account and the money was returned to my current account, great :mad: Now my years allowance on my online account is showing as £0.

Looking to change banks as soon as I can as I never had a problem like this when I was with RBS.
 
Guys most of the ISAs you have stated here do not allow transfers in so there is a lot of mixed messages going to the OP here.

VERY FEW companies accept transfers in on Cash ISAs these days. I know Nationwide do, but the terms of the account are not all that flexible, but not biggie if you dont need access.
 
ok i made an error im getting 2.6% on my ISA, i calculated it 'after' a recent 'large' investment i made which needs to be in there for a year before THAT can gain interest :)

but 2.6% is still low! i was getting around the 3~4% area before the bank broke the Economy :(
 
I was getting 6% :(

I don't know why I'm still paying into it really. I guess I'm gambling that the interest rates will pick up in the future.
 
QlimaxUK said:
ok i made an error im getting 2.6% on my ISA, i calculated it 'after' a recent 'large' investment i made which needs to be in there for a year before THAT can gain interest :)

but 2.6% is still low! i was getting around the 3~4% area before the bank broke the Economy :(
Click to expand...

You can still get 3-4% depending on how long you want it in there and how easy access, how high withdrawel penalties are, etc.

Nationwide offer around 4%, Lloyds TSB is 3.6% on there e-ISA, Santander and others have pretty good average rates. Average in comparrison to the 6%+ a few years ago.



M.
 
Just moved my Santander to Halifax who do allow transfers in. Getting 3%, overall very satisfied by Halifax.

They are allowed I think its 14 days now to do transfers, when I signed with Halifax they gave a doc explaining the process and how long was allowed at each stage.
One of the biggest issues I faced was finding an address to send it to in Santander, in the end I used customer services address as I could not find the address for the ISA department anywhere.

You can get a little more than 3% I think on transfers, but I was happy with 3%
 
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