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Over 50s allowance Q?

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Comments

  • Dratt, (or words to that effect).
    Or at least with the same Cash ISA provider....... so in theory then although my provider is saying I can't top up in my fixed rate relatively decent rate ISA, I may be able to put 1500 quid in a mickey mouse rate ISA with them and then transfer it when T & Cs and legislation permit ? (so that I do not lose the allowance)
  • Baldur
    Baldur Posts: 6,565 Forumite
    edited 2 November 2009 at 6:55PM
    Dratt, (or words to that effect).
    Or at least with the same Cash ISA provider....... so in theory then although my provider is saying I can't top up in my fixed rate relatively decent rate ISA, I may be able to put 1500 quid in a mickey mouse rate ISA with them and then transfer it when T & Cs and legislation permit ? (so that I do not lose the allowance)
    Do you have a fixed rate/term ISA this year, or are we talking about Egg?

    Legislation permits you to transfer ISAs at any time - the Ts & Cs are the main potential stumbling block.
  • We are talking Abbey, e-mail communications with them elicit the response, "Oh no you can't top up your fixed rate ISA". A trip to the local retail outlet gives the opposite response, "Oh yes you can, give us the money". OH, whose query this relates to, has decided that she no longer wishes to be associated with a two headed organisation and I was attempting to get some info together in order that she can inform them of their shortcomings when she transfers.
  • Baldur
    Baldur Posts: 6,565 Forumite
    We are talking Abbey, e-mail communications with them elicit the response, "Oh no you can't top up your fixed rate ISA".
    This FRISA - http://www.moneyhighstreet.com/finance-news/new-2-year-fixed-rate-isa-from-abbey-and-bradford-bingley/?
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