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Cancel transferred fixed cash isa within 14 days

I opened VM 1 year 3.5% fixed cash isa. And now I want to cancel it within 14 days.

Does anyone know what I have to do?

Can I just transferred it out to new bank? 

Comments

  • eskbanker
    eskbanker Posts: 40,591 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 11 October 2022 at 2:30PM
    If you transfer it then VM would impose their early withdrawal penalty, which would leave you with less than you paid in, so you'll need to follow the cancellation instructions in their Ts & Cs.
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