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Interest on Flexible ISAs during the year?
How does interest earnt in a flexible ISA work if you withdraw it? I.e. you would end up with more than 20k due to interest earnt, but if you withdrew it can you put the interesrt back in?
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First ever ISA just finished - new lower Interest rate today - what do I do please?
Hi There, Sorry completely new at this. 2023-2024 opened up my first ISA (Santander) fixed 1 year 4.15% ISA and managed to put in 10,830.57 before it closed last summer. Today (1st May) this ISA rate dropped to 1.2% and still only has the 10,830.57 in it Santander says tomorrow that I will be given the Interest (I presume…
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General investment account ,ISA and SIPP
general investment account ,ISA and SIPP on abrdn platform can i move money from the General investment acct to the ISA without capital gains tax issues?
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Cash ISA transfer from Santander to KRBS
Just a post to praise KRBS and Santander for their speed of transferring a cash ISA. Fixed term Santander cash ISA matured yesterday, 02/05/2024. Three weeks ago, I had requested a transfer to KRBS upon maturity. The transfer request has been confirmed back then by both, KRBS and Santander. Today, 03/05/2024, the ISA…
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Lifetime ISA withdrawal
I have a lifetime ISA. I wanted to understand the implications of withdrawing from a lifetime ISA (for an invalid reason i.e. not for pension and for first time house buy - mortgage overpayment in my case as I did not understand how you "could lose more than you put in", so I called the provider. Here is the scenario I…
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Opening more than one ISA in a tax year
Hi all, I've read the new ISA rules for April 24/25 and they're pretty clear. However, the only thing I can't pin down is am I allowed to open more than one ISA in the same tax year? I feel like there were some rules floating around that you could only open one ISA account in a year but I might be getting muddled. I'm only…
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Partial transfers out of Moneybox into Invest Engine?
Does anyone know if I can partially transfer out £x amount every month from a Moneybox ISA into an Invest Engine S&S ISA. Looking to get into investing but don't want to lump sum it.
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Multiple old ISAs - can you combine them into a new one
Hello! Can you open a new cash ISA to transfer multiple old cash ISAs into, and then pay in this year's £20K allowance on top? Thanks!
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PLUM ISA, want Current Acct access too!
I have transferred my full £20K allowance into Plum's high-rate ISA from a matured Santander ISA. Plum insist that they need access to my Current Acct at Santander in order to accept the ISA. I've never heard of this before and wonder what the plan is. I am about to say "No", and withdraw my funds. Any idea what it's about?
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Regular Withdrawals from Stocks ISA
Are there any stocks and shares ISA providers that allow you to withdraw a regular amount? My wife and I need to start living off those investments prior to breaking the seal on our pensions and I'd rather not have to log in each month and do it manually. Our current provider doesn't seem to offer it and an internet search…
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Fixed ISA maturity options
I have a 1 year fixed ISA with Shawbrook that will mature soon. I would like to reinvest the funds in another 1 year fix with the same bank and also open an easy access cash ISA elsewhere (Chip). Would I be allowed to do this?
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Partial ISA Transfer Query
I think this is OK to do, but would just like some confirmation that this is possible. Pay 20k into a new fixed 1 year ISA for this financial year. Then with an existing 80K ISA from previous years. Is it possible to do a partial transfer into 2 different ISA's. Transfer 40k into an instant access ISA and 40k into either…
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Monthly interest into Bank of Scotland ISA
I opened a new Bank of Scotland ISA and ticked for monthly interest to go back in to the ISA. I have not been able to find the answer for myself (when the monthly interest is added to my ISA) and I telephoned Bank of Scotland today. The person I spoke to did not know the answer and suggested that, if the interest has not…
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Can anyone recommend a fixed cash ISA suitable for generating a monthly income
I'm looking for a fixed rate cash ISA paying at least 4.5% interest I would like to withdraw this interest each month leaving in the initial balance for the period of the fix. I need a Fixed Cash ISA that does not penalise for withdrawal of the monthly interest each month. I'm interested mostly in one year fixed but would…
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MOVING A GIA BETWEEN DIFFERENT PLATFORMS
I want to move my GIA funds from one platform to another ,what is the best way to do this avoiding tax issues /capital gains
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Setting Up New 1Year Fixed ISA
One of my fixed ISAs has just matured and I want to shift the total funds to a new 1Yr Fixed Rate ISA with another Bank with over 0.5% higher interest The ones I am looking at both offer monthly interest What is the point of this service as I'm assuming I can't take this interest out without affecting the future interest…
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Partial wihdrawal from Lifetime ISA?
My son has approx £16k in a LISA. Unfortunately, he needs to apply for PIP. This is affected by savings. Can he withdraw some money from the LISA, obviously paying 25% back of this amount? Or will he need to cancel the whole LISA? TIA
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Why do Stocks and shares ISA transfers take so long?
I've been moving old Stocks and Shares ISAs into cash ISAs. On average it takes 6-8 weeks to complete the process. Why, in this electronic transfer era, does it take so long? The 'industry standard' is 30 working days. Why are these providers allowed so much time?
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Multiple ISA's - advantages / disadvantages
Are there advantages or disadvantages to having several fixed rate Isa's ie. £80k in one or spread over 3 or 4 ISA's?
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Fixed Rate Savings ISA / Notice Account
Hi, I'm looking into fixed rate savings account. I'm not sure what i should do I have heard the interest rate will drop towards the end of the year so i'm keen to get a good deal now in preparation for this, I can deposit about £1,000 into it, and regularly put a smaller amount into it and don't mind if I don't have access…
