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Cash isas
consumerbored
Posts: 6 Forumite
I have a fixed rate cash isa due to mature . It is worth £20986. I want to transfer it to a 1 year fixed isa at 4.25% . If i put £20000 in do i get interest at 4.25% on the whole sum ie £40986?
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Comments
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Almost certainly, although you will need to check the terms to be sure - some products do have different rates for new vs transferred funds.
What's the ISA you're proposing to move to?1 -
Another question on ISA, I have two maturing in next week or so, one is a 2 year the other a 1 year Cani transfer both of these into my new isa I am opening ?0
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In theory you can, but it all depends on the exact terms and conditions of the accounts you have and wish to open. If they are maturing into easy access accounts then generally speaking you can do a full transfer of these to your new account.WHUFC123 said:Another question on ISA, I have two maturing in next week or so, one is a 2 year the other a 1 year Cani transfer both of these into my new isa I am opening ?0
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