Reactivate Lloyds TSB ISA?

humfer · 15 May 2011 at 1:12PM

Just been in my internet banking and noticed that my ISA has the following message

"Please re-activate your Fixed Rate Cash ISA account to pay money into it again.
You have not paid into your Fixed Rate Cash ISA in a full tax year, please re-activate your Fixed Rate Cash ISA account to pay money into it again."

Now I didn't put any more into it last year as the rates were so low. Assume this is nothing to worry about?

Baldur · 15 May 2011 at 2:31PM

humfer wrote: »

Now I didn't put any more into it last year as the rates were so low. Assume this is nothing to worry about?

No, it's quite normal - just means that if you wish to subscribe new ISA allowance funds that account at any time, you'd have to complete a new ISA declaration to re-activate it.

opinions4u · 15 May 2011 at 2:42PM

What rate is it paying?

Assuming they're letting you top it up, it could be a decent rate for the remainder of the term (less than a year left I guess).

Reactivate Lloyds TSB ISA?

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