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NatWest Bonus Rate for Cash ISAs opened last year still applies to this year's investment.

Last post Thu, Apr 16 2009, 12:21 PM by John B Worcs. 4 replies.
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  •  Thu, Apr 16 2009, 12:21 PM

    Re: NatWest Bonus Rate for Cash ISAs opened last year still applies to this year's investment.

    Hello Ree_xx.

    That's "interesting" (sorry about the lame joke)

    Can you please advise the details of this bonus. If it's better than 3.8%AER, I would like to receive it.

    Thanks a lot

    John

    • Post Points: 5
  •  Wed, Apr 15 2009, 7:34 PM

    Re: NatWest Bonus Rate for Cash ISAs opened last year still applies to this year's investment.

    There is another bonus available from Natwest, if you have put your FULL subscription in for 08/09 tax year and put FULL subscription in for 09/10 by april 30th 2009 you get bonus interest.
    • Post Points: 20
  •  Sun, Apr 12 2009, 3:06 PM

    Re: NatWest Bonus Rate for Cash ISAs opened last year still applies to this year's investment.

    Graeme, I have replied to your post by email, please check that it has arived OK, otherwise send an updated post and I'll try again!

    Perehaps you're on an Easter break which may explain it

    Cheers John

    • Post Points: 20
  •  Wed, Apr 08 2009, 11:05 AM

    Re: NatWest Bonus Rate for Cash ISAs opened last year still applies to this year's investment.

    Hi John,

    Many thanks for an excellent and extremely interesting post. I'll certainly pass on your thanks to Kevin and the team.

    The ISA bonus rates issue is something we’ve certainly noticed and have spoken to journalists about in recent weeks. In such a low rate environment, these bonuses effectively work as a safety net.

    As always, it’s important to keep an eye on rates and check the details of products carefully.

    I wonder if you'd be willing to speak about your experience and what you've discovered in a bit more detail? If so, could you drop me a line at the email address below, please? We'd be interested to hear about it, if at all possible - and of course we'll report back on this thread on what people need to look out for and how it may affect them.

    As John mentioned in his original post, has anyone else noticed and benefited from this?

    • Post Points: 20
  •  Tue, Apr 07 2009, 3:39 PM

    NatWest Bonus Rate for Cash ISAs opened last year still applies to this year's investment.

    Attn Kevin Mountford.

    Having just read your article on investing early in the tax year (which I always do), I wonder whether the following has already come to you and your reader's attention?

    In late November 2008, I transferred all my existing Cash ISAs to Natwest (approx £34,000) and gained a 12 month bonus of 1.76% above their standard rate. Naturally, along with all the other variable rate ISAs, the underlying rates have since decreased, but it is still at 2% thereby generating a total return on my existing investment of 3.8% AER (see the NatWest website for details http://www.natwest.com/personal/savings/g2/isas/cash-isa.ashx#tabs=section3.)

    I have just enquired of their ISA helpine how they will treat this year's ISA investment and been advised by a very helpful lady that I can invest in the same account number and my new investment will enjoy the same rate until the expiry of the 12 month bonus period - thereby beating all the rates currently available. Naturally I will need to review the situation in November 2009 and then consider switching to another ISA provider depending on the rates available at that time

    I thought you and your readers might be interested in this when deciding where to invest their 2009/10 Cash ISA allowance. I

    ncidentally, had I invested in the same ISA between 18/09/08 and 09/11/08, the Bonus would have been 2% and I would be even better off now.

    I wonder if anyone else has noticed this "pleasant surprise" outcome of the Bonus Rates previously offerred.

    Thanks for the helpful advice in your moneysupermarket.com articles

    Cheers

    John

    • Post Points: 20