Payment of interest accrued when transferring from Halifax Help to Buy ISA

jackharrison
jackharrison Posts: 1 Newbie
edited 28 June 2017 at 1:50AM in ISAs & tax-free savings
Halifax pay interest on their Help to Buy ISA annually. Does anyone know if the accrued interest is paid if you transfer the H2B ISA to a Skipton LISA?

Comments

  • bowlhead99
    bowlhead99 Posts: 12,295 Forumite
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    Whenever you close an ISA (e.g. by transferring out to another product in your case) they will calculate the interest up to the point of closure and pay it. You don't have to wait until the annual interest date comes around.
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