We'd like to remind Forumites to please avoid political debate on the Forum... Read More »
The Forum is currently experiencing technical issues which the team are working to resolve. Thank you for your patience.
📨 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!
Help to Buy ISA to Cash ISA
tboxer
Posts: 1 Newbie
Hi, Can I transfer my Help to Buy ISA to a normal Cash ISA?
I will be buying a house but it is >250,000 therefore the bonus from the Help to Buy ISA won't kick in and it has an abysmal interest rate.
I would like to transfer this to a standard Cash ISA as I will be using other savings for the deposit.
Thanks for the help
I will be buying a house but it is >250,000 therefore the bonus from the Help to Buy ISA won't kick in and it has an abysmal interest rate.
I would like to transfer this to a standard Cash ISA as I will be using other savings for the deposit.
Thanks for the help
0
Comments
-
Yes you can transfer a H2B cash ISA into a standard cash ISA - I did that with mine last year for similar reasons. I had to submit a paper transfer form as it fell outside of the scope of my provider's usual transfer process. It took a while for the transfer to complete, but it was otherwise a very smooth process.1
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 350.5K Banking & Borrowing
- 252.9K Reduce Debt & Boost Income
- 453.3K Spending & Discounts
- 243.5K Work, Benefits & Business
- 598.1K Mortgages, Homes & Bills
- 176.7K Life & Family
- 256.6K Travel & Transport
- 1.5M Hobbies & Leisure
- 16.1K Discuss & Feedback
- 37.6K Read-Only Boards