We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide

ISA - how many days before maturity can I set up transfer?

I seem to remember it's 56 days, but struggling to find this info online.

For context, I have a Virgin ISA that matures on 14 Sept (50 days from now). I want to open a new Virgin ISA to transfer the money across after 14 Sept. Can I open the new ISA now, with transfer date set 50 days in the future, or not?

Many thanks

Comments

  • refluxer
    refluxer Posts: 3,503 Forumite
    Fifth Anniversary 1,000 Posts Photogenic Name Dropper
    Most fixed rate cash ISAs have a funding window in which you either need to deposit new funds or submit a transfer request or else the account gets closed, so you'll need to check the T&Cs of the new ISA, as it's this that'll dictate at what stage you have to submit the transfer request. There isn't a standard time-frame for this - it'll differ from provider to provider..
  • Many thanks
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 354.4K Banking & Borrowing
  • 254.4K Reduce Debt & Boost Income
  • 455.4K Spending & Discounts
  • 247.3K Work, Benefits & Business
  • 604K Mortgages, Homes & Bills
  • 178.4K Life & Family
  • 261.5K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.