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Cash ISA Transfer Question
freddykrueger
Posts: 283 Forumite
I currently have around £6500 in a Cash ISA - this is last year's and this years ISA allowance combined. The question is that I would like to transfer these to another provider immediately and do not really want to wait until next year to do this - am I able to do this assuming that I do not make any more payments into the transferred ISA during this tax year?
Hope that makes sense!
Hope that makes sense!
Mortgage when started October 2011 : £94,134
Total mortgage balance Mar 2016 [STRIKE]£78,417[/STRIKE] [STRIKE]£77,523[/STRIKE] [STRIKE]£76,181[/STRIKE] £72,001
Offset Saver account Mar 2016 [STRIKE]£45,238[/STRIKE] [STRIKE]£45,666[/STRIKE] [STRIKE]£47,593[/STRIKE] £52,093
Mortgage paying interest on Mar 2016 [STRIKE]£33,179[/STRIKE] [STRIKE]£31,859[/STRIKE] [STRIKE]£28,588[/STRIKE] £19,907
Total mortgage balance Mar 2016 [STRIKE]£78,417[/STRIKE] [STRIKE]£77,523[/STRIKE] [STRIKE]£76,181[/STRIKE] £72,001
Offset Saver account Mar 2016 [STRIKE]£45,238[/STRIKE] [STRIKE]£45,666[/STRIKE] [STRIKE]£47,593[/STRIKE] £52,093
Mortgage paying interest on Mar 2016 [STRIKE]£33,179[/STRIKE] [STRIKE]£31,859[/STRIKE] [STRIKE]£28,588[/STRIKE] £19,907
0
Comments
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Yes you are able to do this provided you choose a provider that will accept transfers in.0
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Yes - as long as the new provider accepts transfers and carries out the transfer (i.e. you must not initiate the transfer yourself).freddykrueger wrote: »I currently have around £6500 in a Cash ISA - this is last year's and this years ISA allowance combined. The question is that I would like to transfer these to another provider immediately and do not really want to wait until next year to do this - am I able to do this assuming that I do not make any more payments into the transferred ISA during this tax year?
Hope that makes sense!0
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