YBS Loyalty ISA query

Aidanmc

I would like to open the YBS Loyalty ISA as i have been a customer for 1 year. My current ISA subscriptions  are in Skipton Tracker ISA (0.9 below Base rate). This only holds this years subscriptions + whatever interest gained. I haven't used all this years allowance yet.

If i transfer the Skipton ISA to YBS i would have to transfer it all, and then it would be closed. I would like to keep it also though?

Can i open YBS without transferring or depositing now and wait until 6 April to deposit?

ForumUser7

When I opened a Christmas RS with YBS (and other non-ISA accounts), the confirmation email said ‘You have 42 days to make your first deposit otherwise your account will close.’. Idk if the same applies to ISAs or not

Rich2808

ForumUser7 said:

When I opened a Christmas RS with YBS (and other non-ISA accounts), the confirmation email said ‘You have 42 days to make your first deposit otherwise your account will close.’. Idk if the same applies to ISAs or not

Yes - its also 42 days for their loyalty isa.

So in theory the OP could wait until the new tax year to deposit new funds or do a partial isa transfer.  Pre 6 April any current year ISA funds would need to be moved in full.