Cash ISAs: The Best Currently Available List

slinger2

FishInGlass said:

soulsaver said:

slinger2 said:

soulsaver said:

I believe I read somewhere, that a recent rule change means I can withdraw (not transfer) this financial year's contribution from a flexible ISA and subsequently deposit it to other providers ISAs? And not have to repatriate it at all?

Anyone got a link to an official source?

If so, does the receiving ISA also have to be flexible?

The regulations were changed recently: https://www.legislation.gov.uk/uksi/1998/1870/regulation/5DDB

Compare the 15/7/25 version with the 6/4/24 version and you'll see that paragraph 3 is different. Or see: https://www.legislation.gov.uk/uksi/2025/733/regulation/5/made

All written is legal language.

The "receiving ISA" doesn't have to be flexible. The ISA you make the withdrawal from needs to be flexible. And of course the replacement needs to be made in the same tax year as the withdrawal.

Found where I saw it: Change to the Flexible ISA Regulation (5DDB) dated 15 July 2025 — MoneySavingExpert Forum

I hadn't seen this or the other thread. Having now looked at the legislation it appears that this particular change does not come into effect until the 6th April 2027.

https://www.legislation.gov.uk/uksi/2025/733/regulation/1/made states Regulation 4 comes into force on 6th April 2027 and has effect in relation to the tax year 2027-28 and subsequent tax years. 

Incorrect:

See: https://www.legislation.gov.uk/uksi/2025/733/note/made which states "Regulation 4 amends regulation 4ZA" and is nothing to do with flexible ISAs. "Regulation 5 amends regulation 5DDB" (the flexible ISA regulation).

Kim_13

Skipton BOE + 0.16% Tracker Cash ISA NLA

replaced it seems by Bonus Cash ISA Saver at 4.13% including 1.83% bonus.