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Tessa and ISA

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

Comments

  • ffacoffipawb
    ffacoffipawb Posts: 3,593 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    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!
  • isasmurf
    isasmurf Posts: 1,998 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    A TOISA is a Cash ISA ;)
  • alared
    alared Posts: 4,029 Forumite
    Not ALL providers will allow this.
    Some keep the two seperate for reasons of tiered interest payments.
  • isasmurf
    isasmurf Posts: 1,998 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    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.
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