ISA Transfers from Previous Years

Dave14 | 17:18 Mon 28th Mar 2011 | Personal Finance

4 Answers

If I have existing ISAs in more than one company and they mature at different times, how can I effect transfers to a new ISA without losing my accumulated ISA status? Obviously, this assumes that the new company will accept transfers. Thanks in advance for your advice.

Lost please help!!

Tax codes

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237SJ

Just get the banks/building societies to transfer them in. Don`t do it yourself by withdrawing the money or you will lose their tax-free status.

dzug2

Transfer them in as and when they mature

dasherman

Transfers don't count towards your yearly ISA allowance, so you can transfer as many as you like and still put in 'this years' money.

Dave14

Question Author

Great! I was hoping that I could transfer to another ISA, at maturity, if the new rates offered were unacceptably low.

Many thanks to you all for your answers.

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