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Halifax ISA - Terms and conditions
homerhotspur
Posts: 260 Forumite
My fixed term ISA is about to mature and I have received the letter from Halifax inviting us to re-invest. One thing that rather concerns me is a paragraph on the form referring to new rules introduced in 2002. This seems to suggest that if we want to close or transfer to another ISA manager we will be charged 180 days interest. Surely this cannot apply to maturity instructions and only part way through the fixed term?
0
Comments
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Yes, that only applies if you withdraw before the end of the term.
On maturity, it will become an ISA Saver, and you will be allowed penalty free withdrawals or transfers out.0 -
I thought that must be the case. It just seemed odd that this was stated(perhaps deliberately or am I too cynical?) on the Maturity instructions form.0
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