Shawbrook Fixed ISA Funding Window

TiVo_Lad

I'm toying with the idea of opening the Shawbrook 1 Yr Fixed ISA at 4.06%. I want to partially fund it through an ISA Transfer, but partly with a lump sum from the 2023/4 allowance (I'm already fully subscribed this year). Does anyone happy to know what the funding window is? I can't find anything on the Product Pages and the FAQ laughingly doesn't even attempt to answer their own question!

How long do I have to add money to my ISA?

You can only apply for a cash ISA online. Once your account is open, you can manage it using our secure messaging system or by telephone. You can find these details on our contact page.

All of our cash ISAs have the same balance limits, with a minimum deposit of £1,000 and a maximum deposit of £20,000 in any given tax year. The maximum balance for our ISAs is £250,000. If you’re transferring in an existing cash ISA, this must be valued as £250,000 or below.

cloud_dog

You can fund it as long as the offer remains open.  Once they withdraw the offer if you have opened the account you will have a further 7 days to add more funds in to it.

refluxer

If you open one now, then the transfer should be fine but there's no guarantee you'll be able to fund it with your 2023/2024 allowance as it'll depend on whether that particular issue is still available, as cloud_dog mentioned.

This is the relevant statement from Shawbrook's general account T&Cs...

8.0 Deposits

8.1 Deposits into Your account must come from Your Nominated Account.

8.2 All deposits into Your account must be made payable to the named account holder(s).

8.3 Subject to the account conditions in the Key Product Information document, deposits into Your account can be made by cheque or by Electronic Transfer.

8.4 Once Your account is open and subject to the account conditions in the Key Product Information You can make additional deposits to Your account at any time from Your Nominated Account, until the product to which that account relates is closed to new applications (which You can check on the “Withdrawn Products” section of Our Website) or additional funding (which You can check in the Key Product Information). We reserve the right to return any funds deposited with Us after this date. For certain products, You may be able to make deposits even if it is withdrawn if the Key Product Information applicable to that product allows it.

Note also this from the Fixed Rate ISA T&Cs, which states you will need to arrange the transfer at the time of application...

Transfers in from other Cash ISA or Stocks and Shares ISA providers are permitted. Requests to transfer funds into an account from another ISA provider must be made at the same time as your initial account application by signing a transfer form. Transfer requests received after your initial account application may be refused.