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penalty for withdrawal isa
bluecliocar
Posts: 18 Forumite
Hi there, can anyone help. My question is if I have a 2 year isa and want to withdraw a small amount from the balance, do I pay the 90 day penalty for the full balance or just the amount I am withdrawing thanks
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Comments
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It would normally be on the amount withdrawn, but it depends on the T&C of your account.
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And some fixed term ISAs do not allow partial withdrawals. For some it has to be transfer the whole amount out, or closure1
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