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transfer question

LGG_2
Posts: 489 Forumite
i currently have a fixed 2 year ISA that will mature around feb 2014. for the new tax i will open another 2 year fixed that will end up maturing april 2014. and next year i will open a one year fixed as im hoping to leave the country in 2014. bascially my question is this. when the april 2014 ISA matures i will put it into a instant access ISA.and then when the one year ISA matures months after the April ISA can i transfer that money into the instant access ISA that I will have set up.
basically can i transfer as many diff ISA's into another one at different times?. its not like when i open up the varible ISA i can only transfer once when im opening it. a few months later can i transfer from the fixed Isa thats just matured and put that money into the instant access one
hope i havnt confused lol
basically can i transfer as many diff ISA's into another one at different times?. its not like when i open up the varible ISA i can only transfer once when im opening it. a few months later can i transfer from the fixed Isa thats just matured and put that money into the instant access one
hope i havnt confused lol
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Comments
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Yes thats fine assuming the new ISA allows multiple transfers in. For example, fixed term ISAs tend to only allow one deposit, so you wouldn't be able to transfer your existing ISAs into it all at different times.
Instant Access ISA should be OK to do this though.0 -
thanks..........0
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