How/when can I safely transfer my ISA?

kimftw

Hey everyone, I've done some research around ISAs and what's available but I've got a little bit confused, I was wondering if someone could put me in the right direction?

I'm a 20 y/o uni student and I opened my first ever ISA 22 April 2013. It's an ISA Saver online with Halifax, it had a decent interest rate at the time. Of course 2 years on and the interest is ridiculously low so I'm looking to transfer to elsewhere.

My standard current account (not a student one) is with the Halifax too. Now my question is, when can I transfer my ISA elsewhere, do I have to wait for a specific moment? and is it a lengthy process? I'm not sure if I should switch to a completely different provider? If I should go for a fixed ISA one?

I feel incompetent when it comes to adult things, I appreciate all the replies!

jimjames

If it's not fixed you can move it whenever you want.

Whether an ISA is the best option for you is another matter entirely.

badger09

OP are you a taxpayer?

Which current account do you have with Halifax?

Do you have any income?

kimftw

I'm not at the moment as I'm a full-time student. However from July onward I will be doing a placement year as part of my degree, so I'm unsure if I will be a taxpayer then. I will still have students status though.

I have the basic standard current account with the Halifax.

My income is from a part-time job and student loans.

Thanks for the reply.