L&G ISA opened via Topcashback

Reg_Smeeton

Hi all,

I think I recall one or two other forum members opening an L&G ISA via Topcashback about a year ago, just wondered if anyone had experience of switching out since then and possibly save me a phone call?

It was quite a generous offer, and I had every intention of keeping the account open for 2 years with the required net deposits as per the t&c’s. I see now they are transferring customers to Fidelity, if I decide I don’t want to do this can I switch away without forfeiting the cashback (it was over £100)?

Second query, I have made a contribution to this S&S ISA this tax year. If I transfer this into my LISA at HL, can I now pay into another S&S ISA?

many thanks

george4064

IIRC I think @Alexland might have some info on the L&G cash back offer.

Reg_Smeeton

Thanks George, I did bite the bullet and call today, the advisor on the line checked with his supervisor, neither of them were aware there had ever been a cashback offer, but confirmed they would not seek to recoup it whether I closed the account or transferred elsewhere.

Zanderman

Reg_Smeeton said:

Thanks George, I did bite the bullet and call today, the advisor on the line checked with his supervisor, neither of them were aware there had ever been a cashback offer, but confirmed they would not seek to recoup it whether I closed the account or transferred elsewhere.

If they weren't aware of the cashback they can't possibly know what the terms of it were, so they can't possibly 'confirm' they wouldn't seek to recoup it. 

Alexland

george4064 said:

IIRC I think @Alexland might have some info on the L&G cash back offer.

Sorry I haven't been around much recently. I can confirm there was no cashback clawback when we transferred our L&G ISAs elsewhere during the first year.

Reg_Smeeton

Alexland said:

george4064 said:

IIRC I think @Alexland might have some info on the L&G cash back offer.

Sorry I haven't been around much recently. I can confirm there was no cashback clawback when we transferred our L&G ISAs elsewhere during the first year.

Thanks Alex. I’ve just had the paperwork through for L&G selling the holdings at their end and no clawback here either.

All’s well that ends well!