Abbey - Are transfers between ISA issues possible?

pb3

Good morning to all.

This may be an easy question.

I bank with the Abbey. My money is currently in a direct ISA, into which I transferred my Abbey Easy ISA last year.

I notice now that Abbey advertise a direct ISA issue 2. This pays 6.25% for one year, before reverting to a tiered interest structure.

Unfortunately I've just missed out on the Lloyds TSB 6.5% fixed rate ISA deal which closed on Friday

My question - can I transfer between ISA issues (ie from Direct ISA issue 1 to Direct ISA issue 2), or are they treated as the same type of ISA product by the Bank?

My gut feel tells me that it is not possible, but then again you never know

I'll try to contact Abbey next week, but I detest ringing call centres on 0845 numbers, and I can't visit my branch until Friday.

Can anyone advise in the meanwhile?

Baldur

There are postss about this on this board from memory, e.g. http://forums.moneysavingexpert.com/showthread.html?t=845767 (see three posts into the thread).

pb3

Baldur wrote: »

There are postss about this on this board from memory, e.g. http://forums.moneysavingexpert.com/showthread.html?t=845767 (see three posts into the thread).

:T

Nice One!

This has absolutely made my morning! The form is printing out as I type this.

Many thanks!