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Cash ISA Question

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Comments

  • sausage_time
    sausage_time Posts: 2,102 Senior Ambassador
    Part of the Furniture 1,000 Posts Name Dropper Photogenic

    Nobody is proposing time travel. 😀

    But the £17k was deposited this financial year (25/26), and the full £17k plus interest can be transferred to a new ISA this financial year (or any time really). And whatever, that will not impact the potential to deposit a "new" £20k in that account (or another) next financial year (26/27).

    I’m a Forum Senior Ambassador and I support the Forum Team on the Credit Cards, Savings & Investments, Budgeting & Bank Accounts, and Techie Stuff boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com.  All views are my own and not the official line of MoneySavingExpert.
  • ronbell101
    ronbell101 Posts: 217 Forumite
    Part of the Furniture 100 Posts Name Dropper Combo Breaker

    Thanks for all the replies I transferred my 17k from Trading 212 to Coventry Building Society got an email from Trading saying the transfer was complete. The funds are not showing on my Coventry account so i contacted them they said they received the funds but did not receive the history form, contacted Trading they said everything was sent so they are appointing a transfer "specialist" to investigate the problem.

    The funds have been "floating" around in the ether until its sorted !

    Any one else had a similar problem ?

  • jimjames
    jimjames Posts: 19,430 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper

    You can transfer ISAs at any point. There is no restriction on transfers based on tax years or contributions.

    Remember the saying: if it looks too good to be true it almost certainly is.
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