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Withdrawl Santander fixed cash isa
col81
Posts: 338 Forumite
Hi, I have £10k in the above, if i make a withdrawl of £1k will this affect the interest etc or is it allowed without penalty?
Thank you
Thank you
0
Comments
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Have you read the T&Cs ?
Can I withdraw money?
Partial withdrawals aren’t allowed. You can withdraw money from this account by closing it. There’s a penalty equivalent to 120 days' interest if you close the account early.
https://www.santander.co.uk/personal/savings-and-investments/isas/2-year-fixed-rate-isa
1 -
You’ll have to share the term of the ISA (how many years), and an issue number or maturity date/opening date if you have one to get a useful response, to make sure we refer to relevant terms.
Usually there will be a penalty, but this tends to increase based on how long the term is.
If you want me to definitely see your reply, please tag me @forumuser7 Thank you.
N.B. (Amended from Forum Rules): You must investigate, and check several times, before you make any decisions or take any action based on any information you glean from any of my content, as nothing I post is advice, rather it is personal opinion and is solely for discussion purposes. I research before my posts, and I never intend to share anything that is misleading, misinforming, or out of date, but don't rely on everything you read. Some of the information changes quickly, is my own opinion or may be incorrect. Verify anything you read before acting on it to protect yourself because you are responsible for any action you consequently make... DYOR, YMMV etc.0
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