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When should I transfer my ISA?

Hi guys,

Need some advice, its my first time moving my ISA but I am not sure when to move it, do I move it before the new financial year or after April the 6th? I dont want to affect this years ISA interest by moving too early.

Any help would be most appreciated!

Thanks,

Alex

Comments

  • badger09
    badger09 Posts: 11,681 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    boxedfish wrote: »
    Hi guys,

    Need some advice, its my first time moving my ISA but I am not sure when to move it, do I move it before the new financial year or after April the 6th? I dont want to affect this years ISA interest by moving too early.

    Any help would be most appreciated!

    Thanks,

    Alex

    Need more information in order to help - for starters

    Do you mean a Cash ISA
    What ISA is it - provider & exact name
    When did you take the ISA out

    You might have a read here for guidance on ISA transfers
    http://www.moneysavingexpert.com/savings/cash-isa-transfers
  • Hi,

    My ISA is a cash ISA from Nationwide and is the 1 Year Fixed Rate ISA. I toke it out in March 2012.

    Hope that helps,

    Thanks,

    Alex
  • Linton
    Linton Posts: 18,344 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Hung up my suit!
    boxedfish wrote: »
    Hi,

    My ISA is a cash ISA from Nationwide and is the 1 Year Fixed Rate ISA. I toke it out in March 2012.

    Hope that helps,

    Thanks,

    Alex

    You can transfer it as soon as the fixed rate matures. It makes no difference to your allowances as transferred ISAs retain the year in which they were set up.
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