New isa account with trading 212

Fatherjacob

Hi im considering moving my current isa with Conventry of £40000 to Trading 212 .
The question im not entirely sure on is as the Coventry account was opened in this tax year ,am i allowed to open another Isa account with trading 212 and transfer into them?
Also if anyone else is aware as i cant see anything  on the website ,   does Trading 212 reduce the rate if its a transfer in?
thanks for any help .

dlevene

Yes you can open a new ISA and transfer. The only restriction is that you can't exceed £20,000 in new deposits each year. 

Rate is the same for transfers as for deposits.

T212 are actually doing a promotion for a free fractional share with a referral but per forum rules I can't share in a public post.

Fatherjacob

cricidmuslibale said:

Fatherjacob said:

Hi im considering moving my current isa with Conventry of £40000 to Trading 212 .

Well I never! Nuns managing Individual Savings Accounts! I do wonder if that is entirely compatible with their Holy Orders? (It never would have happened before Sister Act, you know.) 

Haven’t you heard the good news? Jesus saves! Just trying to walk in the steps of the big man.

WinTogether

Transferring is fine. Do they have the best rate on the market still?

Fatherjacob

WinTogether said:

Transferring is fine. Do they have the best rate on the market still?

I cant find a better rate.