We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Alliance & Leicester ISA transfer out
OneADay
Posts: 9,031 Forumite
I transferred a cash ISA to A&L in January 2009 from Halifax.
Its called an Easy ISA when I look on the online account - paying 2.5% I think including 12 month bonus.
7 months on I am considering moving to Intelligent Finance which ironically is part of the hbos (where I moved ISA from in first place). The only advantage is .25% extra. Not decided for definite.
Question - if I move the ISA out from A&L do I still get the 2.5% for the 7 month period or is it reduced interest as its before 12 months - I am of the opinion there are no penalities for withdrawal and 2.5% is just the rate for 12 months.
Its called an Easy ISA when I look on the online account - paying 2.5% I think including 12 month bonus.
7 months on I am considering moving to Intelligent Finance which ironically is part of the hbos (where I moved ISA from in first place). The only advantage is .25% extra. Not decided for definite.
Question - if I move the ISA out from A&L do I still get the 2.5% for the 7 month period or is it reduced interest as its before 12 months - I am of the opinion there are no penalities for withdrawal and 2.5% is just the rate for 12 months.
0
This discussion has been closed.
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.3K Banking & Borrowing
- 253.7K Reduce Debt & Boost Income
- 454.4K Spending & Discounts
- 245.4K Work, Benefits & Business
- 601.2K Mortgages, Homes & Bills
- 177.6K Life & Family
- 259.2K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards