We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!

Stupid Question?

cube101
cube101 Posts: 24 Forumite
in Savings & investments
I have had a cash ISA for a few years now and having recently checked its interest rate I am in the processes of swapping it from one account to another that pays a better rate with but with the same provider. My question is; usually my interest is credited every March so what will happen to my interest earned upto date? will i be credited up to the transfer date or will it be credited in march as usual or do i lose out?

Thanks in advance!

Comments

  • CLAPTON
    CLAPTON Posts: 41,865 Forumite
    10,000 Posts Combo Breaker
    It will be calculated to the date of transfer and included in the 'new ISA as a capital sum' unless there is some specific provision otherwise as you are using ther same provider.
  • cube101
    cube101 Posts: 24 Forumite
    thanks, thought that would be the case but wasn't sure.
This discussion has been closed.
★ ★ ★ Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.4K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.
Update Your Picture