Withdrawing from a ISA

Barkin

tsmiggy54 said:

eskbanker said:

Perhaps it would help if you clarified what the two products are, how much is in each of them, and what you're trying to achieve?

You are correct. I have £40,000 in a Easy Access ISA with Shawbrook from previous years. I now have £10000 in Charter Savings Bank Easy Access ISA for this year. Because Charter offer a better rate than Shawbrook, my thought was to transfer some of that ISA to Charter. But i get conflicting views, about Partial Transfers. So i am still waiting for Shawbrook to answer my question. Hopefully this makes things clearer. Maybe i am going about it the wrong way. I am open to views.

Thanks 

Is there a reason for you not wanting to transfer the whole lot for a better rate?

Re: whether or not partial transfers are allowed - the only "view" that matters is the one laid out in the account T's&C's.

I believe that - provided it's money from previous financial years - partial transfers are allowed. But check the terms for your account...