An ISA split question

miabrown

Hi all. I have 80K in my ISA with 20K ready for this year. I've just come out of a 1yr deal and am looking for other options. Am I right in thinking I can split my current ISA, put 40K into 2 different providers and still then put this year's 20K in?
Thanks Mia

eskbanker

miabrown said:

Hi all. I have 80K in my ISA with 20K ready for this year. I've just come out of a 1yr deal and am looking for other options. Am I right in thinking I can split my current ISA, put 40K into 2 different providers and still then put this year's 20K in?
Thanks Mia

Yes, as long as the relevant providers allow partial transfers (not all do).

kempiejon

eskbanker said:

miabrown said:

Hi all. I have 80K in my ISA with 20K ready for this year. I've just come out of a 1yr deal and am looking for other options. Am I right in thinking I can split my current ISA, put 40K into 2 different providers and still then put this year's 20K in?
Thanks Mia

Yes, as long as the relevant providers allow partial transfers (not all do).

It's a bit more hassle but in case partial transfers are not allowed find a new supplier that will allow partials, transfer it all to them and then do an additional partial transfer to another provider.