Quick question about isa's (transfering money)

dean_ham

Sorry for the newbie isa question, just need a quick simple answer to a simple question i cant find the answer for.

Say i save £3000 this tax year, and another £3000 after april 06 2005, and i transfer the money from that company in october to a better rate, can i transfer the whole £6000 to the NEW company or can you only transfer the £3000.

Stupid question i know but ive signed up to the first direct isa, and it mentioned under the transfering money that the maximum you can transfer to the isa was £3000.


Help this ISA newbie out!

Thanks

deemy2004

Whole £6k

UNLESS the company you are transfering to has set a limit on how much they will accept ... Most don't set a limit.

dean_ham

thank you,