Existing Cash ISA & Help to Buy ISA

Options
Maxxee
Maxxee Posts: 6 Forumite
First Anniversary First Post
in ISAs & tax-free savings
Hi,

I've just opened a Help To Buy ISA and also have an existing cash ISA that I haven't paid into this tax year.

Am I able to transfer this cash ISA to another provider for a higher interest rate as long as I do not pay into it?

I can't seem to find an answer to this.

Thanks,

Comments

  • Maxxee
    Maxxee Posts: 6 Forumite
    First Anniversary First Post
    Options
    It doesn't seem like anyone knows the answer!
  • jimjames
    jimjames Posts: 17,625 Forumite
    Photogenic Name Dropper First Anniversary First Post
    Options
    Simple answer, yes. You can transfer to any provider but whether it's worth it when you can do so much better outside a cash ISA is another matter.
    Remember the saying: if it looks too good to be true it almost certainly is.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

Categories

  • All Categories
  • 343.3K Banking & Borrowing
  • 250.1K Reduce Debt & Boost Income
  • 449.7K Spending & Discounts
  • 235.3K Work, Benefits & Business
  • 608.1K Mortgages, Homes & Bills
  • 173.1K Life & Family
  • 248K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 15.9K Discuss & Feedback
  • 15.1K Coronavirus Support Boards