Another ISA nuance question...
Discussion
Can I open two ISA accounts with the same provider?
I have previous year amounts to transfer - need easy access so wanting to transfer to ING whom I have savings accounts with. Their transfer in rate is 2.75%.
However, their current year ISA rate is 3%.
So is it possible for me to set up one account to transfer old funds into and leave it as is, then open up the new ISA to put this year's allowance in?
Essentially, it would be useful if I could have both with one provider.
I have previous year amounts to transfer - need easy access so wanting to transfer to ING whom I have savings accounts with. Their transfer in rate is 2.75%.
However, their current year ISA rate is 3%.
So is it possible for me to set up one account to transfer old funds into and leave it as is, then open up the new ISA to put this year's allowance in?
Essentially, it would be useful if I could have both with one provider.
steve singh said:
Yes you can.
You need to do the maths to make sure you get the best return - i.e. it might be better to put it all into a single isa with a provider who has a better transfer-in rate.
What I did in the end.You need to do the maths to make sure you get the best return - i.e. it might be better to put it all into a single isa with a provider who has a better transfer-in rate.
Halifax transfer in and current year allowance (easy access) at 3%.
Legend83 said:
steve singh said:
Yes you can.
You need to do the maths to make sure you get the best return - i.e. it might be better to put it all into a single isa with a provider who has a better transfer-in rate.
What I did in the end.You need to do the maths to make sure you get the best return - i.e. it might be better to put it all into a single isa with a provider who has a better transfer-in rate.
Halifax transfer in and current year allowance (easy access) at 3%.
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