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Santander, 3.3% AER ISA question
Mishomeister
Posts: 1,081 Forumite
There is a £2500 minimum deposit requirement to open that ISA. If I open that ISA and then transfer my existing ISA of 9k in to thus ISA would that be sufficient to satisfy that £2500 requirement or does it needs to be new money?
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Comments
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I too have been considered this question - think may have to ring them up but I suspect want new money0
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according to other people, in the isa forum at the top of the page, transferring the money is fine..0
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When I went through the ISA opening process online the form asked if I was making the £2,500 deposit by: a) a transfer of existing ISA money from an external source; b) a transfer from another Santander account; c) deposit of new money.
I selected a) as I had already filled my 2011/12 allowance somewhere else and my application went through OK.Old dog but always delighted to learn new tricks!0 -
No new money rubbish this year. All ISAs allow transfers and will meet the criteria for your £2500...0
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