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How many transfers can you do per year?
Seajays
Posts: 100 Forumite
Is there a limit on the number of ISA transfers between providers you can do per year.
i.e. a few months ago I transferred to one provider, but now think I may want to change again... can I do this, or do I have to wait for a period of time?
i.e. a few months ago I transferred to one provider, but now think I may want to change again... can I do this, or do I have to wait for a period of time?
0
Comments
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As many as you like - if you transfer too often, though, you may find yourself with poor interest income......
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There isn't any restriction on number of transfers.
However do check if there is some kind of lock in or penalty that your existing provider may charge when moving ISA.0 -
Given that sometimes it takes some providers over 2 months to perform transfers I'd say about 6/year Conjugating the verb 'to be":
-o I am humble -o You are attention seeking -o She is Nadine Dorries0
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