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Isa’s gone over the fscs limit…can i split it on reinvestment
GoldenOldy
Posts: 235 Forumite
Good evening
I have had isas over years and years. A few years ago i transferred them into one isa that was paying a good rate..
The only issue is its coming up for maturity but is over the fscs limit.
I would like to transfer it again into another isa, but dont want to be over the fscs limit.
Would i be able to split it up into two new isa’s?
Thankyou
I have had isas over years and years. A few years ago i transferred them into one isa that was paying a good rate..
The only issue is its coming up for maturity but is over the fscs limit.
I would like to transfer it again into another isa, but dont want to be over the fscs limit.
Would i be able to split it up into two new isa’s?
Thankyou
0
Comments
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Sure you can, just do a partial transfer for whatever amount to another ISA provider
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Not all ISA providers allow partial transfers out......you will need to check the t & c's.Aidanmc said:Sure you can, just do a partial transfer for whatever amount to another ISA provider0 -
Thankyou very much.0
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If that's the case you can of course move the balance to an account that does, then several partial transfer to the new deaired accounts.subjecttocontract said:
Not all ISA providers allow partial transfers out......you will need to check the t & c's.Aidanmc said:Sure you can, just do a partial transfer for whatever amount to another ISA providerI’m a Forum Ambassador and I support the Forum Team on the Credit Cards, Savings & investments, and Budgeting & Bank Accounts boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.
All views are my own and not the official line of MoneySavingExpert.1
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