Fastest transfer table for flexible cash ISA providers

JSmith321

Is there a table which shows how long it takes for different providers to transfer flexible cash ISA's? I've read that some take much longer than the 15 days. With the stock markets tanking following the tariff war I would like to move fast into a stocks and shares ISA but don't want to be in limbo for several weeks.

masonic

In this scenario, subscribing directly to the S&S ISA and parking in a money market ETF like CSH2 would be the quickest option, you could sell and reinvest in minutes when you decide to pull the trigger.

wmb194

JSmith321 said:

Is there a table which shows how long it takes for different providers to transfer flexible cash ISA's? I've read that some take much longer than the 15 days. With the stock markets tanking following the tariff war I would like to move fast into a stocks and shares ISA but don't want to be in limbo for several weeks.

In addition to Masonic’s comment, transfers from Trading212 and CMC Invest’s cash Isas into their S&S Isas are instant.

eskbanker

JSmith321 said:

Is there a table which shows how long it takes for different providers to transfer flexible cash ISA's? I've read that some take much longer than the 15 days. With the stock markets tanking following the tariff war I would like to move fast into a stocks and shares ISA but don't want to be in limbo for several weeks.

Just to be clear, 'the 15 days' is actually 15 working days and only applies to transfers between cash ISAs, whereas other types of transfer have up to 30 (calendar) days.

However, transfer timescales are driven by both parties, rather than just one, so it isn't practical to list all permutations....

JSmith321

Seems transferring from one Cash ISA to another with better interest may not be a better deal if you lose interest while the ISA is in limbo between providers. Wonder how quick the transfer is if the both ISA's are provided by the same company.

MeteredOut

masonic said:

In this scenario, subscribing directly to the S&S ISA and parking in a money market ETF like CSH2 would be the quickest option, you could sell and reinvest in minutes when you decide to pull the trigger.

Be aware there is a bid/offer spread on CSH2 (albeit typically small fractions of a percent), so you could lose a little bit if you hold for a period of time shorter than it takes for the yield increase to cover that spread.