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closing ISA and opening a new one
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what is rate for your existing ISA?0
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It's 1.75%0
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I would of course move it into my current account first before I move it into the new ISA. I think that's possible, I spoke to them they were a bit surprised that I asked it but the answer was yes (although I was not so convinced of the knowledge).
If you withdraw the money (move it to current account) you loose it's tax free ISA status - yes it's possible, by funding it this way you loose the old years ISA status and this contribution would effectively be from this years allowance (restricting what you can invest this year - the total being £5760 for cash).
(Not surprised they were surprised)."Every Pounds A Prisoner "
"Loyalty to the Best Interest Rate"
:beer:0
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