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Tessa and ISA
markjack13
Posts: 1 Newbie
Hi All
I have had a TESSA and it was converted to a TOISA some years ago I also have a cash ISA because of the way interest rate are changing all the time and having to move two diffrent products to diffrent providers are you allowed to put the TOISA in the same account as the cash ISA to make it all 1 account.
Mark
I have had a TESSA and it was converted to a TOISA some years ago I also have a cash ISA because of the way interest rate are changing all the time and having to move two diffrent products to diffrent providers are you allowed to put the TOISA in the same account as the cash ISA to make it all 1 account.
Mark
0
Comments
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markjack13 wrote:Hi All
I have had a TESSA and it was converted to a TOISA some years ago I also have a cash ISA because of the way interest rate are changing all the time and having to move two diffrent products to diffrent providers are you allowed to put the TOISA in the same account as the cash ISA to make it all 1 account.
Mark
Yes.
I did just this so I have a very large cash ISA now!0 -
A TOISA is a Cash ISA
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Not ALL providers will allow this.
Some keep the two seperate for reasons of tiered interest payments.0 -
Yeah, and if they tried that one with me I'd like to see them try to explain why they won't allow me to transfer a Cash ISA into a Cash ISA.0
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