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Isa

How do I set up a new ISA. Want to go for one with the best rate. Currently have over £9000 in my current one.

How does it work? Do I just transfer the current funds into a new Isa and then put the another £3500 for this year?

Just really want to know the processes.

Thanks

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    you have to go to the provider of the new ISA and ask for an ISA transfer form.

    fill it all out, send it off and after around 30 days should all be done.

    you can put £3600 in the new ISA whenever its opened (£3600 is the limit this year).
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