Flexible ISA's redundant

jifmoose

Ah no @elkiedee - because the original ISA is a flexible one, which (as eskbanker lays out above) allows subscriptions (but not interest) to be withdrawn and then repayed into the same or different ISA (flexible or non-flexible) in the same tax year. This doesn't apply to the interest, however.

(thanks for the experience of ISA transfers - it's definitely a mixed bag. I don't really know if I'm being fair to Trading212 here, as they might have improved things or it might be more the fault of the receiving party, but there's a few accounts that they are - at best - rather slow).

poblomov

https://forums.moneysavingexpert.com/discussion/comment/81877896#Comment_81877896

I recently transferred from Trading 212 to an existing Virgin Money ISA. All done online and completed within a couple of days, which did surprise me given the threads there have been on here.

TomJ

https://forums.moneysavingexpert.com/discussion/comment/81877555#Comment_81877555

For what it's worth, I transfered a cash ISA fro T212 to Ford Money las month and it was pretty quick. Biggest dealy was Ford insisting on me posting the transfer form to them…

jifmoose

Thanks @poblomov and @TomJ that's really useful, sounds like they've improved their operations. That makes me more likely not to bother with the flexible-withdrawal shuffle - checking my promo rate it actually lasts until July, even a week to transfer would be fine to be honest.