Have i opened account to early . 28 February 2018 at 5:23PM in ISAs & tax-free savings 3 replies 796 views

alfmurph

My 2 year isa fixed rate with halifax matures 1st march . As they no longer offer this account i have decided to transfer to a virgin 2 year fixed isa . Today[28th feb ] i applied to open account thinking i would transfer the money from my halifax account tomorrow 1st march when interest is added .
Have i broken the rules of isa's by opening account 1 day early as i know you can have only one isa per year . And if i have done something wrong how can i fix it please .

le_loup

You don't transfer ISAs otherwise they stop being ISAs.
You need to ask Virgin to transfer this for you.

Mickygg

You can open more than one ISA in a tax year but you can only fund one in any tax year.
You will need to complete a transfer form from virgin, they will do the rest for you.

badger09

You haven't broken any rules. As soon as your new Virgin ISA is open, complete the ISA transfer form linked here


https://uk.virginmoney.com/virgin/savings/learn/isas/transfer-your-isa/