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ISA query

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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?

Comments

  • McKneff
    McKneff Posts: 38,857 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    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.
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