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Can I transfer between ISAs in same provider?
Cookiepops
Posts: 378 Forumite
I had an ISA with Cheshire building society a few years ago. This year I took out a regular saver ISA with Nationwide at 2.5%. The Cheshire transferred their ISA across to Nationwide. So now I have 2 ISAs with Nationwide, the old transferred one at 0.5%. Can I transfer funds from the old one into the new one at the higher interest rate? I can't afford to put any more into the new one and yet have money sitting in the old one at a lower %.
Thanks
Thanks
:heart2: Cookiepops :heart2:
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Comments
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If the new ISA allows transfers in, then yes, you can transfer funds from your old ISA.Cookiepops wrote: »Can I transfer funds from the old one into the new one at the higher interest rate?
You could potentially get a better deal in non-ISA accounts, such as interest-earning current account (TSB PLus, Santander, Lloyds, Tesco)
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