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Moving money between ISAs?

a03b
a03b Posts: 12 Forumite
First Post
edited 27 January at 4:01PM in ISAs & tax-free savings
Is moving money between ANY ISAs allowed?

I currently have a Barclays Cash ISA which is maturing in a week. After I collect interest I would like to move this money into a Barclays Stocks ISA. Can I do this without losing tax free status?

Thanks

Comments

  • eskbanker
    eskbanker Posts: 38,037 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    edited 27 January at 1:06PM
    Yes, there's a defined ISA transfer process, which needs to be initiated via the receiving provider.  Transfers between any types of ISA are permitted by the ISA rules, although individual providers may have additional Ts & Cs on top of that.
  • Albermarle
    Albermarle Posts: 29,089 Forumite
    10,000 Posts Seventh Anniversary Name Dropper
    At the top of the page you will see there is a sub forum just about ISA’s.
    If you spend some time reading through that it should improve your knowledge about isa rules etc.
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