Are there any ISA Transfer Limits?

DragonQ

I have an e-ISA with first direct and currently there doesn't seem to be any ISA offers that are higher than what I get with them (3%) unless I get new current accounts etc.

However, this 3% drops to 0.2% in November so what I want to know is: can I put in £5100 into my e-ISA on 06/04/2010 and then transfer the entire £8300 (plus interest) to another ISA provider in November? I think I can but I'm a bit confused by the seemingly endless list of ISA rules.

Thanks for any help!

Lokolo_2

There are NO transfer limits for ISA's apart from terms that the Bank/BS impose. Other than that you could easily transfer your whole ISA money from one provider to another, that doesn't count towards your annual allowance :j

DragonQ

Thanks for the reply, that's awesome.

So I'll transfer it all to whatever the best ISA is at the time that allows transfers (probably 2.75% or something) and then open a new ISA with the highest interest provider in April 2011. :beer: