Part transfer 2 ISAs to a new ISA

Fatferds12

Hi - I have 2 ISAs that mature this November.  The additional interest will take them over £85k so I thought I'd move money from them both to get below the FSCS limit. I was wondering if you are able to open a new ISA by transferring in from 2 different ISAs or do I have to open 2 different ISAs and then transfer to each one separately? Thanks for any advice.

refluxer

I think the majority of ISA providers will allow you to open a new cash ISA and transfer in from two existing ISAs but, as always, you'd need to read the T&Cs of the account you're interested in.

Speaking of which - you'll need to check the T&Cs of the existing ISAs to find out what happens to them at maturity as you'll need them in some kind of easy access ISA in order to be able to transfer-out, so you need to check whether this is an option (it may even be the default option) at maturity. You also need to check that the relevant provider allows partial transfers out, as not all do.

XzavierWalnut

I have transferred 2 ISAs from 2 separate providers into a new ISA  from a different provider in the past without any problems.

friolento

It entirely depends on the T&Cs of both, the old and the new providers.

Some providers do not allow partial transfers out.
Some providers do not allow partial transfers in.
Some providers only support one transfer-in at a time.
Some providers pay a lower than  their  headline interest rate for transfers in
Some ISAs have a limited deposit/transfer-in window 

But the principle of what you would like to do is perfectly legit. If you need someone to check your plan in detail, please post info about your old and your new ISAs.