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ISA Transfers - I'm sure they're allowed but First Direct says no!

DeenieB · 2009-04-10 16:14:30

I'm pretty sure from reading the threads in this forum that you are allowed to open new accounts for the purposes of transferring previous years' ISAs, but have just been told by a telephone advisor at First Direct that it's not legal! :confused: Basically, my last two years ISA allowance has gone into a regular saver ISA…

Comments

nearlyrich Posts: 13,698 Forumite

11 April 2009 at 9:12PM

I did something similar but I transferred my historic ISA out of FD for a better interest rate and the new BS sorted it out, I also opened a new 2008/09 Cash eISA with FD and on Monday last week I finally got into the 7%. You just need someone who knows what you mean at FD LOL..Maybe try on Tuesday and get them to escalate you to a supervisor if you get someone who can't understand what you need?

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