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Hold a cash ISA already but want to open a HTB ISA..is it possible?
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1CeCe
Posts: 7 Forumite
Hi,
I have a very similar issue to others here, currently hold a cash ISA (HSBC..terrible interest rate).. opened this summer have paid ~£400 into it via monthly deposits, but would like to open a HTB ISA. ..(v.late I know)
Is this possible? Do I need to swtich or transfer my current ISA? Or close the account altogether?
Or go for a 'split ISA'?
*Headsup*
Have called my bank and they have said it is NOT possible to switch or transfer my current ISA to a HTB ISA with *them*, although other banks may/can do this!
Any help is appreciated!
I have a very similar issue to others here, currently hold a cash ISA (HSBC..terrible interest rate).. opened this summer have paid ~£400 into it via monthly deposits, but would like to open a HTB ISA. ..(v.late I know)
Is this possible? Do I need to swtich or transfer my current ISA? Or close the account altogether?
Or go for a 'split ISA'?
*Headsup*
Have called my bank and they have said it is NOT possible to switch or transfer my current ISA to a HTB ISA with *them*, although other banks may/can do this!
Any help is appreciated!
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Asked and answered here: https://forums.moneysavingexpert.com/discussion/comment/76552882#Comment_765528820
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