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ISA query

ardamo
Posts: 3 Newbie
If i have an ISA at the moment (with a rubbish rate!) and want to transfer it to a better rate can I transfer this years amount currently in the account (£3600) into a new account after the new tax year as well as adding my new years worth of entitelement.
So, i'll be transferring £3600 + paying in a new amount of £3600? Is that right or do I need to rush around trying to get this years lot into a new account now?
So, i'll be transferring £3600 + paying in a new amount of £3600? Is that right or do I need to rush around trying to get this years lot into a new account now?
0
Comments
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No you dont have to rush around.
Just go to where you want to have your isa, fill in a form for them to transfer it for you and then after April 6th just add your next isa allowance to it.
Or wati till April 6th, Open a new isa (make sure it takes transfers in, and then fill in a form to transfer your old isa into it.make the most of it, we are only here for the weekend.
and we will never, ever return.0
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