Merging ISAs

luke_pa

Hello im just wondering if it is possible to merge 2 isa's from different providers into a new isa from another new provider or is it down to the new providers T&C's?

Confusing? lol

psychic_teabag

Yes, you can open a new ISA and then separately transfer the other two ISAs into it, subject to T&C's. If you want to merge into a fixed-term, might be simplest to first merge into an instant-access, then convert or transfer that. (Some providers let you convert instant-access into fixed-term with just a phone call or online form, rather than going through another formal transfer.)

psychic_teabag

Or you could transfer old-ISA-A into old-ISA-B and then transfer old-ISA-B somewhere else (provided B accepts transfers in).

thenudeone

Once the tax year has ended you can merge or split up Cash ISAs as much as you want.