Vanquis internal ISA transfer

intalex

Anyone managed to "upgrade" their easy access ISA internally with Vanquis, presumably by opening a new issue and have the funds of the old issue transferred into it internally and have the old issue closed?

I see a transfer form with drop-downs from other banks along the new issue opening steps, but nothing for an internal transfer.

intalex

To answer my own question, the easiest option to achieve this is to open the new issue ISA and then select the "close account" option on the old issue ISA and choose the new issue ISA as the destination of the closure proceeds, which Vanquis' systems treat as an internal ISA transfer - I did this after calling them to confirm this was the case, and my current year allowance remained the full £20k which further assured me that this was completed as an internal ISA transfer.

ffc58

I have been trying to speak to them from 9am constantly engaged.

Which number did you get throuugh on.

mr_accountant

Did as above and worked perfectly, many thanks

intalex

https://forums.moneysavingexpert.com/discussion/comment/81953085#Comment_81953085

0191 505 0033

was a long wait…

ffc58

Finally got through.