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  • FIRST POST
    trenchwars
    What does subscribing to an ISA mean?
    • #1
    • 24th Jan 09, 1:03 PM
    What does subscribing to an ISA mean? 24th Jan 09 at 1:03 PM
    I asked Halifax to convert my ISA from a standard ISA (0.22%) into a direct ISA (2%) and the certificate of investment they sent me states:

    "I apply to subscribe for a cash ISA for the tax year 2008/2009 and each subsequent tax year until further notice".

    What does "subscribe" actually mean? I don't intend to pay any more money into this ISA. Do I have to contact them and tell them I don't want to subscribe to this ISA for the 2009/2010 tax year if I want to start a new ISA with a different provider in April?
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