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Closing an ISA account
gazcarter123
Posts: 7 Forumite
Have got an ISA with HSBC, it has a balance of zero (for the last two years). Have got money now that I want to put in an ISA but do not want it with HSBC, Can i simply close this account and start with a new provider without tax penalty etc etc? may sound a strange question as the account has been zero for years but would like to check. cheers
0
Comments
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Yep. If you've not funded the account in this tax year you can open another ISA. You don't even need to close that one, but it makes sense to do so.0
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