NS&I and Abbey query.

Ditto

Hello

Say I have £20,000 in a Abbey mini isa is it possible to transfer it to a NS&I isa?

I understand from Martin that NS&I is a good account with no gimmicks.

Can someone please breakdown what the difference in interest gained between the accounts ie £20,000 would gain x interest in Abbey/NS&I.

Thanks:D

Kazza242

James's_Dad wrote:

Say I have £20,000 in a Abbey mini isa is it possible to transfer it to a NS&I isa?

I understand from Martin that NS&I is a good account with no gimmicks.

Unfortunately, the NS&I Direct ISA currently paying 5.80% does not accept transfers in. However, there are a number of ISA's that do e.g. Kent Reliance 5.71% and Yorkshire BS 5.65%, Newcastle BS 6.10% (fixed term) etc.