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Maturing ISA funds query
Gers
Posts: 13,373 Forumite
I have a 1 Year Fixed Rate Cash ISA which matures in November 2024. It holds funds from previous maturing account elsewhere (2021 – 22) and monies from 2022-23. I also have two ISAs for 2023- 24 and 2024 – 25 with differing organisations.
Am I allowed to re-invest the maturing funds into the same organisation
without penalty i.e. not move it anywhere? I know I can't open a new ISA with it and there would be no new money going in.
Thanks.
0
Comments
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Yes you can
1 -
Nothing to stop you transferring the one year fix isa to another provider if you want.1
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