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Chip ISA transfer-in problem

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Comments

  • moriarty888
    moriarty888 Posts: 100 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    I opened a CHIP Cash ISA yesterday and am a little annoyed to find they don't accept transfers from Lloyds Bank. Anyone have any idea if this is planned for the future? 
    Thankfully, we can now have more than one ISA or I'd have been stuck with a CHIP ISA with a £1 balance for the tax year and my old Lloyds ISA languishing at a rubbish rate. 
    Isn't it a bit strange that such a large bank isn't accepted?
  • moriarty888
    moriarty888 Posts: 100 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    If you're planning on transferring an ISA in from Lloyds, don't bother. They've just messaged me to confirm, they don't accept transfers from them and have no plans to do so. Rather annoying as their advertising is full of how they beat "The Big Four". 
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