Consolidating ISAs?

middlewife

Just checked t and C's again, unlimited transfers are allowed into the account up to the 20k limit, but initial payment is supposed to be within 5 working days. I sent the request recorded delivery so should arrive Monday, the rest is up to credit union who I've also notified so hopefully it will all go through. Principality only allow you one of these accounts each tax year, so makes sense they'd accept multiple transfers. In the highly unlikely event I accumulate a million in ISA transfers then they will freeze the account!

evenasus

I filled in a cash ISA transfer from YBS to Nationwide fixed ISA yesterday. Unfortunately I made a slight error of £17 in the total of the ISA to be transferred. Is this likely to cause problems?

I did try contacting them today but it was hopless. Their 'Arti' is as much use as a chocolate teapot. What happened to their secure messaging service?

ToastLady

https://forums.moneysavingexpert.com/discussion/comment/81958664#Comment_81958664

I wouldn't think so. I recently did a transfer quoting figure showing in my account, on transfer it was a greater amount and went through absolutely no problem. This was from Vida to Tandem. You can't give a true figure anyway until the account is closed and transferred.

evenasus

https://forums.moneysavingexpert.com/discussion/comment/81958669#Comment_81958669

Thank you, I did think that might be the case. The yearly interest was added on 31st March, so there will be more than the £17 short I entered.

ToastLady

https://forums.moneysavingexpert.com/discussion/comment/81958610#Comment_81958610

If you are at all worried that there's going to be a delay, you can always stick £1 in, as that's the minimum to open the ISA. The £20K you talk about is for this years subscription starting from 6/4/26, and doesn't include balances from previous years. So you could add as much as you like in cash at the moment, if you so wish, so long as you don't go over £20K in any current years ISAs.
Saying that, as you've obviously told Principality that there will be a transfer in, the pay in window is usually longer to enable transfer to be done.