Is it possible to transfer ISA's from one company to another with a better interest rate without losing any benefits?
I'm presently with the C & G, but their interest rates are falling through the floor. Already closed various savings accounts with them, but now wondering about my remaining ISA's
TIA
Yes, make sure you arrange it as a transfer to another provider
I moved from Smile to IF, IF provided necessary paperwork and Smile sent the money directly to IF.
Waq
Air Rider wrote:
Yes, and as your other responder says it's very important to TRANSFER the funds rather than WITHDRAW them from your current ISA company. The standard procedure is to instruct your chosen new company to make the necessary transfer arrangements.
Matti
Thanks for your reply, I'll now have a look around for a better deal.
Thanks for your reply, I'll now have a look around for a better deal.
Yes you can. However C&G does have the most consistently high rate for cash ISAs. Some manage higher rates in the short term.
Thanks for that. Shame they aren't the same with their non-ISA savings accounts
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