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Cash ISA
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Bill_Wilson
Posts: 1 Newbie
Hi
I have a mini cash ISA with First Direct, part of HSBC, opened about 6 months ago. Now the interest rate is down to 1%. Can I transfer it to another provider without losing interest accumulated so far. If so what is the best deal to transfer it to?
Bill
I have a mini cash ISA with First Direct, part of HSBC, opened about 6 months ago. Now the interest rate is down to 1%. Can I transfer it to another provider without losing interest accumulated so far. If so what is the best deal to transfer it to?
Bill
0
Comments
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If it is not a fixed ISA you can transfer without penalties (if it is fixed you will lose some interest) - you just have to make sure the new provider you choose to goto allows transfers in - then sign the forms with them and they will send it to FD and arrange the transfer - have a look at any ISA best buy table for latest best ratesBill_Wilson wrote: »Hi
I have a mini cash ISA with First Direct, part of HSBC, opened about 6 months ago. Now the interest rate is down to 1%. Can I transfer it to another provider without losing interest accumulated so far. If so what is the best deal to transfer it to?
BillKeep the Faith:cool:0 -
You might expect toget about 4% per annum on a Fixed Rate ISA. :easter:...............................I have put my clock back....... Kcolc ym0
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