We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

Al Rayan 120 day Notice Cash ISA - transferring to another ISA in order to obtain funds

2»

Comments

  • Beddie
    Beddie Posts: 1,078 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    km1500 said:
    why transfer it ? just close it and pay the 120 day penalty (which you would do anyway if you transferred it)
    I posted the same a few days ago and it didn't get a response.
  • Beddie said:
    km1500 said:
    why transfer it ? just close it and pay the 120 day penalty (which you would do anyway if you transferred it)
    I posted the same a few days ago and it didn't get a response.
    According to the documentation on the Al Rayan website, you need to give the full notice to access the money. It doesn't give any option of accessing money earlier in the terms and conditions.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.6K Banking & Borrowing
  • 254.5K Reduce Debt & Boost Income
  • 455.5K Spending & Discounts
  • 247.5K Work, Benefits & Business
  • 604.4K Mortgages, Homes & Bills
  • 178.6K Life & Family
  • 262K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.1K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.