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How to transfer out of Trading212 cash isa?

msnatalie
Posts: 22 Forumite

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.
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.
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Comments
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I was able to transfer mine to Vida1
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I did Trading 212 transfer to Tembo1
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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.0 -
Chip takes Trading 2121
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Shawbrook accept transfers from T2120
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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.
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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.
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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.
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.0 -
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.
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'm not going to stress about it and was just posting my experience.0 -
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.
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'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 potentially1
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