Dinesh Manani
Joined: 8/3/2024
-
RE: Can i transfer an old ISA and open/fund a separate new ISA in the same tax year
I have invested in Fixed term cash ISA 2024-2025 full allowance of 20K My Fixed term cash ISA 2023-2024 with 21K with an interest matured last week and I instructed to reinvest the full balance in to ISA 2024-2025 which already has 20K (this was told to my provider after consulting their ISA expert advisor) Now they say I can not invest in any ISA and if i wish they can out the matured amount to instant cash ISA which has interest 3% lower then Fixed term Bond