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ISA transfer to Virgin Money

Hal17
Hal17 Posts: 424 Forumite
Part of the Furniture 100 Posts Name Dropper Photogenic
edited 28 June 2023 at 9:45AM in ISAs & tax-free savings
I am in the process of transferring a S&S ISA from Vanguard to a Cash ISA with Virgin Money. I noticed that Virgin now have a new issue with a higher interest rate. As Virgin have not yet received my fund transfer, is there anything I can do to ensure the transfer goes into their latest issue? Thank you.

Comments

  • bigbars
    bigbars Posts: 97 Forumite
    10 Posts Name Dropper First Anniversary
    Once it’s transferred as you’ll be within the 14 day cooling off period you can contact them to request it is moved to the newer issue rate.
  • t1redmonkey
    t1redmonkey Posts: 949 Forumite
    Part of the Furniture 500 Posts Energy Saving Champion Home Insurance Hacker!
    You can move it to the newest issue yourself within the online account section quite easily once it's been transferred in, even if they do move you into an older one.  
  • As an aside, I transferred the opposite direction into an HSBC S&S ISA from a Virgin cash ISA and was impressed that it was all done and dusted in less than 3 working days
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