A dozen ISA accounts - what to do after 6 April 2024

400ixl

If you have opened 12 over 12 years and not touched them, you are possibly better off with a S&S ISA rather than a cash ISA if you still have time to be in the market. When will you need this money?

jimjames

jungleboy123 said:

eskbanker said:

jungleboy123 said:

how do i get all this switched over to one bank? Do i just fill the form and give all the account numbers or is there something more?

Just to be clear, if you want to transfer 12 ISAs then that's 12 forms you need to complete, i.e. one for each transfer, not one with 12 account numbers on it....

Ahh what a complexity..... No wonder the rich stay rich when they can afford accountants to do this on their behalf.

Or just open 1 account and pay everything in to that, no accountant needed. Although the rich probably are using S&S ISAs not cash ISAs where again you can use a single account and not need an accountant.

Frogletina

jungleboy123 said:

eskbanker said:

jungleboy123 said:

how do i get all this switched over to one bank? Do i just fill the form and give all the account numbers or is there something more?

Just to be clear, if you want to transfer 12 ISAs then that's 12 forms you need to complete, i.e. one for each transfer, not one with 12 account numbers on it....

Ahh what a complexity..... No wonder the rich stay rich when they can afford accountants to do this on their behalf.

I'm neither rich or an accountant but I have 11 cash ISAs. I have no problem with dealing with them all - you just need to keep good records, especially this year when you can split your allowance between more than one ISA. 

What you could do if the bank/building society you want to switch to has a physical branch is go there and they can arrange for the transfers to be done.