We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
transfers in on an isa??
manchestersaver
Posts: 108 Forumite
hi sorry if this is a daft question but trying to sort out my dads finances!!!
he has about 16k in 3 different cash isas but they all pay poor interest is it right i can transfer these to a new isa that accepts transfer in and then not use his allowance for this year???
we were looking at putting it into IceSave Easy Access ISA is this the best one avaliable at the moment?
thanks
he has about 16k in 3 different cash isas but they all pay poor interest is it right i can transfer these to a new isa that accepts transfer in and then not use his allowance for this year???
we were looking at putting it into IceSave Easy Access ISA is this the best one avaliable at the moment?
thanks
0
Comments
-
You can transfer them yes, you have to fill in ISA transfer forms though rather than BACS or anything. Can take around 4 weeks.
Also he can stil use his allowance for this year if he hasn't put £3600 in an ISA from 6th April.0
This discussion has been closed.
Categories
- All Categories
- 345.7K Banking & Borrowing
- 251K Reduce Debt & Boost Income
- 450.9K Spending & Discounts
- 237.7K Work, Benefits & Business
- 612.4K Mortgages, Homes & Bills
- 174.3K Life & Family
- 250.8K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 15.1K Coronavirus Support Boards