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Transferring
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pennyshahin_2
Posts: 861 Forumite
Just a quick question can you transfer an Isa as many times as you like in a year as long as you not putting any exta money in.?
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You can. You could put £2,000 into an ISA transfer this a couple of days/week later (plus any interest earned) and add you remaining allowance (for 2009/10 upto 5th April this year - £,1600). Or from 6th April 2010 the additional (from initial £2000 - for example) would be £3,100 (allowance for 2010/11 is now up to £5,100)."Every Pounds A Prisoner "
"Loyalty to the Best Interest Rate"
:beer:0 -
By making an original payment, then transffering and paying in additional does not count as contributing to 2 isa's in a financial year."Every Pounds A Prisoner "
"Loyalty to the Best Interest Rate"
:beer:0
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