Can I transfer to highest rate, yet deposit at the Post Office?

edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
BrandNewDayBrandNewDay Forumite
1.7K Posts
edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
I have a cash mini ISA with NS&I. The rate isn't the greatest, but I need an account I can access easily in our rural area and into which I can deposit cash in dribs and drabs.

I know I'm allowed to open another ISA for the purposes of transferring balances, but how should I arrange it? Once I get up to a certain level, I would like to transfer the bulk of it onto a "back burner" where it can earn higher interest. I'd like to be able to "sweep" excess into this higher-rate account. Can I transfer as much or as little as I like to an account that accepts transfers, while still depositing into my Post Office account? Does it have to be the entire balance, or from previous years?
:beer:
This discussion has been closed.
Latest MSE News and Guides

Top savings accounts

Up to 1.7% fixed or 0.6% easy access

MSE Guides

24 craft beers for £26 delivered

Flavourly newbies only (norm £70ish)

MSE Deals