We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Trading 212 Cash ISA Help
Comments
-
Thank you for confirming. That's really helpful.slinger2 said:
If you withdrew and moved it to another ISA that would count as "new" money going in, part of your £20k allowance. So if you want to preserve your allowance you'd have to do a transfer. Whether that's important to you depends on how close you are to the £20k limit.himonster said:
Would I need to transfer it or could I just withdraw and start again?slinger2 said:If you're a new T212 customer and get the "promo" rate there won't be much to beat it. And it's flexible too. Of course, it's a variable rate product so there's no guarantees there. However, there's always the option to transfer it somewhere else if you are not satisfied.
Is the cash ISA with T212 FSCS protected? I've heard T212 is QMFF?
The T212 cash ISA does not use QMMFs. The S&S ISA does, as does the non-ISA invest account.0 -
Should payments to T212 show as 'Trading TwoOneTwo' on your bank account?0
-
Yes, that's fine.himonster said:Should payments to T212 show as 'Trading TwoOneTwo' on your bank account?
It's better not to run two threads on separate boards on the same issue/questions.
https://forums.moneysavingexpert.com/discussion/6603703/isa-question/p1
0
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 352.2K Banking & Borrowing
- 253.6K Reduce Debt & Boost Income
- 454.3K Spending & Discounts
- 245.3K Work, Benefits & Business
- 600.9K Mortgages, Homes & Bills
- 177.5K Life & Family
- 259.1K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards