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Can i top uo if i move to another isa.
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the_gardener
Posts: 32 Forumite
So my 2023-2024 ISA which I started in August 2023 has now reached the end of its year and now I am wondering what to do with my £21k. If i transfer it into another isa at say 4% would i get tax free interest on the 21k and if I put in another 10k would i get the 4% on that as well which would result me getting 4% on the 31k?
If not i guess i might be better off putting all the 31k into a savings account paying about the same rate.
If not i guess i might be better off putting all the 31k into a savings account paying about the same rate.
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Yes you can transfer it and top it up, of course subject to any restrictions from your new provider. If you are using fixed term ISAs, then there is usually a limited time window to add additional funds after opening the account.
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