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Kent Reliance
Comments
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That's not what a flexible ISA is
Flexible – With a Flexible ISA you’re able to withdraw
and replace your savings as many times as you like as long as you don’t
exceed your annual ISA allowance in each tax year. You can even withdraw
funds deposited in previous tax years, as long as the money you take
out is replaced within the same tax year.0 -
They might allow you to replace funds in the FRISA (after paying the penalty) but that does not mean you are allowed to make additional contributions
1 -
They state quite clearly that a withdrawal after the 14-day cancellation period and before the end of the Fixed Rate Term is subject to an Early Withdrawal Charge, of 90 days loss of interest on the amount withdrawn or transferred. This will be deducted from the balance in your Account on the date of the withdrawal/transfer. Therefore, you may receive back less than you have paid in.Hope this doesn’t catch people out
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