Cash ISA Question

I have two cash ISA’s (both cash) with the same Bank. 
 1. Opened in 2018 and no money has been added since the 2018/19 tax year.
 2. Opened in 2020 and transferred to a 1 year fixed ISA that had a better rate in August 2023. £20,000 has been paid into this ISA in September 2023. 
 ISA no. 1 has now been reduced to 0.25% after maturing and I wish to transfer this ISA to a cash ISA with a better interest rate, with the same Bank. I do not plan to add any funds. Is this allowed?

Hi,

No, as you have already opened and paid into a cash ISA this tax year.

Thank you.

I have opened a Cash ISA as my interest from my savings were in danger of being TAX'd. I thought that as this Cash ISA earns interest free of tax, that I could withdraw that interest monthly as a legitimate income without paying TAX on it. However, I've misunderstood. The interest earned is not exclusively withdrawable. Any withdrawal removes the same sum from my ISA allowance. For example: I withdrew £106.59 from the account(Trading 212 Cash ISA) which had been the interest the account had earned in 5 weeks and my ISA allowance fell by the same amount. I queried this with the bank and was simply advised that it was free to withdraw and put back in in the financial year ending April 2025. It took a while to be finally told that I could not withdraw my interest alone not even by year end. My question is: Is this a policy that all banks offering ISA products have to adhere to, perhaps to comply with identifying taxable and non taxable income, or something else and there is something wrong. Your advice would be greatly appreciated.

Hi Ian,
This is something you will need to discuss with the ISA providers, as it is not a tax matter.
Thank you

If a UK resident ISA holder moves overseas and becomes non resident in UK but keeps his ISA open can he still make transactions within the wrapper? In particular can he a) buy and sell equities? b) Withdraw funds? Or is the ISA frozen and all transactions halted. The GOV.UK guide to ISAs is not clear on this point. Your guidance on this matter would be welcome.

Hi,
No, you must be UK resident to have the benefits of an ISA.
Thank you.