First time ISA user and have failed to under stand it - what are my options please

Just_A_Dad

Doctor_Who said:

Here's a really silly question, my current ISA - at 4.15% - come April 2024 If I do nothing with this -will this interest rate hold at 4.15% or is it likely to jump up or down?

What do the T&Cs say? It's highly likely the ISA will become an easy access ISA with a lower rate (the rate won't increase!).

Also, come April 2024 say I will have my existing 10,3K plus its interest - plus hopefully separately in CHIP or Chase account another 30K for example - I can then open a brand new ISA (from any supplier?) and then fund it from my CHIP/chase savings - and 'transfer' the Santander fund pot into it - is that right?

Yes, open a new cash ISA with any provider and add upto £20K. If the new ISA allows transfers-in you can transfer the ~£10K from Santander (note any funding/transfer window in the T&Cs of the new ISA).

cheers - that is a great help