Written on: 06/12/2008
Good interest rates but not fixed, also no penalty period if you move your account from Natwest (or so I was told).
In my case, when I transferred my Cash ISA to Natwest, they failed to explain that there would be a loss of interest for the time the cheque was in the post from my previous provider and then I would not start to get interest until the 2nd day after the money was cleared to my account. In effect, I lost 7 days interest which was not explained to me so I am quite annoyed with Natwest. Perhaps I should have asked however I think an honest provider would have explained this penalty of switching the account. I will stay with Natwest for now but they have earned no loyalty from me so far. I notice that Halifax guarantee interest from the day the previous account is closed so that there is no loss of interest.
"Shockingly bad customer service" Read More
"Nightmare transfer out from Fi..." Read More
"Halifax are deceitful and drea..." Read More
"Rubbish web site and help line" Read More
"DO NOT INVEST WITH M&S" Read More