How to transfer out of Trading212 cash isa?

msnatalie

Edit: I FINALLY managed to transfer it, transferred the ISA Vida bank even though the interest rate wasn't as good as elsewhere as it was the only one i found accepting it. It's taken 2 months! Huge hassle throughout from trying to figure out the trading212 account number (there isnt one!), having to wait days to get responses from them about the details required to send to vida etc finally applied and when following up on the phone with vida was told its a paper transfer as trading212 dont accept digital, so had to redo form as the one you sign up with isnt the right one. About a week later that got sent off to trading212. Didn't hear anything for about a month/5 weeks, then a notif from trading212 app (no email, only the app notif!), to approve the transfer - but the amount was wrong, so more waiting to hear back from trading212. When did approve though it took 24hours for the money to be in my Vida account. Utterly exhausting and such a waste of time.

I'm at my wits end with Trading212, desperately trying to find a way to transfer my cash isa with them to another provider but seems most banks don't want to touch it. Have spoken with Coventry, Cynergy, Kent reliance, Monument and none will let me transfer in the cash isa from trading212.
I asked trading212 if they have a list of providers that would allow the transfer as I don't have time to go though every single bank trying to open an isa just to find they wont allow it, but of course trading212 fobbed me off and said there is no list and that 'most banks would'. They are truly so awful I wish mse would stop recommending them. It's taken weeks just to be able to access my account as their ai system didnt recognise me so had to wait for 5 weeks worth of emails and finally a human to verify my selfie and my passport match.
So please, does anyone know what banks or providers will accept a trading212 isa transfer? Or do I really need to just withdraw the entire balance and start from scratch? It's an isa ive been building up for the last 3 years so would be sad to have to take it all out instead of transferring. 

Archerychick

I was able to transfer mine to Vida 

DodgerPot

I did Trading 212 transfer to Tembo 

bumblebee200

I transferred an ISA from Trading212 to Santander in May and it was painful - had to print off a form and send by post (asked at my local branch if they could send it internally but they no longer offer this service). Put me off using Trading212 again!

Please don’t withdraw tho, better to transfer to another provider from a tax perspective.

zombie404

Chip takes Trading 212

Sussex_by_the_sea

Shawbrook accept transfers from T212

Andy7856

Skipton BS (with this note) accept them

Your existing provider does not currently use electronic transfers.

You can start the process online, however you will need to print off the pre-completed ISA Transfer form at the end, sign it and send it to us.

Purpleheart

I'm supposedly in the process of transferring my T212 ISA to a building society. I've had a letter saying it is going ahead but it's been about 5 weeks now and nothing has happened.

However I've decided in retrospect that I may have made a mistake as T212 being a flexible ISA probably suits me better currently so I'm not going to worry about it. 

clairec666

Purpleheart said:

I'm supposedly in the process of transferring my T212 ISA to a building society. I've had a letter saying it is going ahead but it's been about 5 weeks now and nothing has happened.

However I've decided in retrospect that I may have made a mistake as T212 being a flexible ISA probably suits me better currently so I'm not going to worry about it. 

The recently updated rules on flexible ISAs mean that you can withdraw this year's subscriptions and deposit them into a different ISA in the same tax year (previously you had to re-deposit in the same ISA).
Might be useful if you're having trouble transferring out. But only applicable for this year's ISA deposits. Previous years will have to be transferred the "proper" way.

Purpleheart

clairec666 said:

Purpleheart said:

I'm supposedly in the process of transferring my T212 ISA to a building society. I've had a letter saying it is going ahead but it's been about 5 weeks now and nothing has happened.

However I've decided in retrospect that I may have made a mistake as T212 being a flexible ISA probably suits me better currently so I'm not going to worry about it. 

The recently updated rules on flexible ISAs mean that you can withdraw this year's subscriptions and deposit them into a different ISA in the same tax year (previously you had to re-deposit in the same ISA).
Might be useful if you're having trouble transferring out. But only applicable for this year's ISA deposits. Previous years will have to be transferred the "proper" way.

I am transferring the proper way, all correct forms filled in however letters from the building society telling me they are waiting on T212. 

I'm not going to stress about it and was just posting my experience. 

Andy7856

Purpleheart said:

clairec666 said:

Purpleheart said:

I'm supposedly in the process of transferring my T212 ISA to a building society. I've had a letter saying it is going ahead but it's been about 5 weeks now and nothing has happened.

However I've decided in retrospect that I may have made a mistake as T212 being a flexible ISA probably suits me better currently so I'm not going to worry about it. 

The recently updated rules on flexible ISAs mean that you can withdraw this year's subscriptions and deposit them into a different ISA in the same tax year (previously you had to re-deposit in the same ISA).
Might be useful if you're having trouble transferring out. But only applicable for this year's ISA deposits. Previous years will have to be transferred the "proper" way.

I am transferring the proper way, all correct forms filled in however letters from the building society telling me they are waiting on T212. 

I'm not going to stress about it and was just posting my experience. 

Please keep us posted, my T212 rate drops in the next year...  So will be in the same boat potentially