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Opening new ISA just for transferring an old ISA
hatnezmaturestudent
Posts: 40 Forumite
Hi all, I've used up my 2024/25 ISA allowance. I have an old ISA that matures soon. Can I open another ISA, not fund it (because I've my allowance) and just transfer the old ISA to it? Thanks
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Comments
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It is fine to open an ISA for a transfer regardless of whether you have any ISA allowance available.
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A read through the forum is probably a good idea to keep up to speed with ISA questions.0
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That's what most of my ISAs are used for.0
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Yes, that's fine.hatnezmaturestudent said:Hi all, I've used up my 2024/25 ISA allowance. I have an old ISA that matures soon. Can I open another ISA, not fund it (because I've my allowance) and just transfer the old ISA to it? Thanks0
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