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Close Bank Account & Cash ISA?

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If I close my bank account with one provider, do I also have to close or move my Cash ISA, or can I leave it where it is?

Comments

  • Barkin
    Barkin Posts: 766 Forumite
    500 Posts Second Anniversary Name Dropper
    If I close my bank account with one provider, do I also have to close or move my Cash ISA
    Maybe. Probably not.

    Do the T's&C's for the ISA say anything about it only being available to holders of a different account?

    Who are the accounts with? 
  • PRAISETHESUN
    PRAISETHESUN Posts: 4,870 Forumite
    Sixth Anniversary 1,000 Posts Photogenic Name Dropper
    There's no hard and fast rule, as it depends on the T&Cs of the specific products you hold - if you tell us which, we might be able to advise further?
  • Thank you for your help. Virgin Money just informed me that if I closed my Current Account with them, then I would have to close/transfer my Cash Isa as well.  I will do both, especially as some banks are offering cash to switch accounts!  
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