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Cash ISA Confusion

Hi,

I have two cash ISA's from previous tax years with two banks. But I would like to pool the money together and move it into a high rate cash ISA.
Is this possible and how is it done? Which banks/building Societies have the best rates?

Thanks
Kitty Kat

Comments

  • deefadog
    deefadog Posts: 2,192 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    HI, i am no expert but have looked into this lately, yeas you can transfer both to the best deal you can find, there might be charges involved, check T&C on each one.

    For the best deals look here - moneysupermarket

    Hope that helps

    *Edit by the Board Guide*
    I've left deefadog's link above, but if you this affliate link to moneysupermarket it will support keeping this forum alive.
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Their is 'ISAs,..' subboard here ...
    Kitty_Kat wrote:
    I have two cash ISA's from previous tax years with two banks. But I would like to pool the money together and move it into a high rate cash ISA.
    Is this possible and how is it done?
    Yes, this is possible. There is 'Sticky: ISA Transfer FAQ ' at the top of 'ISAs,..' subboard.
    Which banks/building Societies have the best rates?
    'The Best Mini-Cash ISA' article, '05/06 tax year - cash ISA - 5.50%+ ' thread ...
  • Kitty_Kat
    Kitty_Kat Posts: 34 Forumite
    Thanks, I forgot to mention that I have opened a mini cash ISA for this tax year 2005/06. Will this affect the transfer of my previous cash ISA's?
  • grumbler
    grumbler Posts: 58,629 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Kitty_Kat wrote:
    Thanks, I forgot to mention that I have opened a mini cash ISA for this tax year 2005/06. Will this affect the transfer of my previous cash ISA's?
    No, you still can transfer
This discussion has been closed.
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