Moving money from flexible ISA

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sparkiemalarkie
sparkiemalarkie Posts: 896 Forumite
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in ISAs & tax-free savings
Hi I have a flexible ISA and I filled it up yesterday and I just need to check that its OK to withdraw today and maintain the allowance


sparkie

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  • eskbanker
    eskbanker Posts: 31,034 Forumite
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    That's certainly the way that flexible ISAs are intended to work, as per https://www.moneysavingexpert.com/savings/flexible-ISAs, but obviously it's always best to satisfy yourself by reading the Ts & Cs of whatever account you actually have....
  • sparkiemalarkie
    sparkiemalarkie Posts: 896 Forumite
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    eskbanker wrote: »
    That's certainly the way that flexible ISAs are intended to work, as per https://www.moneysavingexpert.com/savings/flexible-ISAs, but obviously it's always best to satisfy yourself by reading the Ts & Cs of whatever account you actually have....


    Hmm, I think I needed confirmation of the date, and reassurance that today is definitely the first day of the tax year.
    I so desperately didn't want to get things wrong -


    sparkie
  • kidmugsy
    kidmugsy Posts: 12,709 Forumite
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    Earlier today I moved some money out of my flexible ISA at Nationwide; their O/L banking correctly reports to me that I can return the money later in this tax year. It also - boo hoo - shows that my returnable sum from 17/18 has ceased to be.
    Free the dunston one next time too.
  • sparkiemalarkie
    sparkiemalarkie Posts: 896 Forumite
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    kidmugsy wrote: »
    Earlier today I moved some money out of my flexible ISA at Nationwide; their O/L banking correctly reports to me that I can return the money later in this tax year. It also - boo hoo - shows that my returnable sum from 17/18 has ceased to be.



    Thanks I tried it with £2.50 and it showed that it could be returned so I went ahead and completed the transactions that I needed to do.
    Thanks for the reassurance




    sparkie
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