My husband and I both took out a Barclays Tax Beater Cash ISA for £3,000 each in April 2007. Due to excess demand there was a delay and the money was still sitting in our accounts a couple of weeks later, but the interest was backdated to the date on our application forms, so no complaints there.
My complaint is this. My account (female) was opened a couple of days before husbands account (male, obviously). At the end of that particular tax year we both had individual statements and my husband's ISA account was worth more than mine despite me banking the money first. His end balance is £3,219.65 while mine is only £3,203.11. While it may be a difference of only £16.54 surely this cannot be right. I have written to Barclays on 2 occasions regarding this and asked for an explanation. Needless to say it is obvious they do not have an explanation because they have not replied.
Strangely enough my female cousin also had the same thing happen to her as her husbands ISA was valued at more than hers even though they banked on the same day.
What is going on here?
If anybody has any answers I would truly appreciate some insight into the situation as I am currently looking to invest this year's limit and would have opted for the Tax Haven account, but not getting any sense or replies out of the previous account it's making me reluctant to invest any more with them.
Looks like chauvinism to me!