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ISA query
newaccount_2
Posts: 41 Forumite
I have a 2010/11 ISA with Halifax. Can I add the new amount for this tax year into it now and then move the sum to another provider that accepts transfers if Halifax drop their rate? Does it have to be the whole sum?
Also, can I just open with a new provider say Barclays.
Also, can I just open with a new provider say Barclays.
0
Comments
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Assuming it's an instant-access ISA that you have (like the Direct Reward) rather than a fixed-rate ISA, yes, you can simply add your 2011/12 allowance to your current ISA, and yes, you can transfer out at any time you wish. You do not have to transfer the whole sum, but you do have to keep the current year's subscriptions together.0
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