Cash Isa Transfer

diamond_dave

Probably already been discussed but can someone clarify, please. i have just transferred my cash isas to virgin money together with the full amount for this year,- i have another cash isa which I want to transfer to another provider but can I open another isa to transfer to WITHOUT putting in new money? I dont want to add this isa to the new account already opened.

masonic

Yes, you can open as many cash ISAs as you like providing you don't pay new money into more than one.

DIEM99

I have a number of Stocks and Shares ISA's online with L & G.  They have in recent days been falling and so to preserve their value I want if possible to put them into cash ISA  until this storm subsides. Unfortunately you cannot do this with LG . Any suggestions where else I can transfer into cash keeping their ISA status. They cover many previous years as well as this year's full  £20K allowance invested with LG.
Any suggestions Eg Virgin Money ?

masonic

https://forums.moneysavingexpert.com/discussion/401374/cash-isas-the-best-isas-currently-available-list/p1

https://www.moneysavingexpert.com/savings/best-cash-isa/

Aged

Yes you can open a new ISA without making an immediate deposit. The site below is a good source of info re the latest rates etc (thanks colsten). Uncheck the box 'show products with provider links first' so you don't miss out on any. 

https://moneyfacts.co.uk/isa/

eskbanker

DIEM99 said:

I have a number of Stocks and Shares ISA's online with L & G.  They have in recent days been falling and so to preserve their value I want if possible to put them into cash ISA  until this storm subsides. Unfortunately you cannot do this with LG . Any suggestions where else I can transfer into cash keeping their ISA status. They cover many previous years as well as this year's full  £20K allowance invested with LG.
Any suggestions Eg Virgin Money ?

My suggestion (other than starting your own thread rather than piggybacking onto someone else's) would be to leave them alone, unless you're likely to be needing that money in the short term (in which case it shouldn't have been left invested up to now).  Buying high and selling low isn't a productive investment strategy, and if you've been investing for a number of years you should already be familiar with occasional drops and have your investments aligned with your risk tolerance.