If you want to do this, you will normally have to ring the Child Trust Fund or Junior
ISA provider, or fill in a «registered contact removal form».
Please note, if you would like to transfer your ISA out, you will need to contact your new
ISA provider and instruct them to request a transfer from us.
If you are transferring an existing ISA from
another ISA provider, you will also need to fill in the ISA Transfer - In Form in addition to the Application Form.
Remember to check with your existing
ISA provider first, as they may have restrictions on transfers.
If your current cash
ISA provider does not provide stocks and shares ISAs, then there may be a fee involved when transferring funds between two different providers.
You should contact your new
ISA provider to arrange this.
If you do exceed that total, HM Revenue & Customs will tell you and
your ISA provider about any action that needs to be taken.
We accept transfers from other
ISA providers.
But by law, cash
ISA providers MUST allow you access to your money, whenever you want it, though most will levy heavy penalties to do so.
The benefit of doing this is that some Junior
ISA providers pay a higher interest rate than is available on Child Trust Funds.
Not exact matches
Once your loans have sold, you can transfer the cash to your Self Select Account to withdraw it, or hold it in your Self Select
ISA to transfer to another
provider.
Making a
provider - to -
provider transfer ensures your
ISA maintains its tax - free status.
One option to make the situation fairer for consumers is to raise the cash
ISA limit to enable all other
providers to offer tax exempt savings accounts for deposits of up to # 15,000, as was available in the NS&I's latest index - linked bond issue.
This will be greatly simplified if your
ISAs are held with the same
provider.
If your
ISA has matured — or you don't mind paying a cash penalty if it hasn't — then it's essential that your current
provider makes the transfer to your new
provider.
You may wish to transfer your
ISA if you feel that you'd make more money from another
ISA from another
provider as they offer a higher interest rate.
You can set up a stocks and shares
ISA with Nutmeg and transfer in cash
ISAs and stocks and shares
ISAs from other
providers.
If you hold a Cash
ISA with another
provider from the current tax year, you will have to transfer your entire balance including interest to your OakNorth Cash
ISA as part of your application
You can transfer existing Cash
ISAs that you hold with other
providers into your OakNorth Cash
ISA with a minimum transfer amount of # 1,000.
You can transfer your OakNorth Cash
ISA to another
provider at any time.
It's paid into a separate bank account in your own name: this could be your current account, an
ISA or any savings account you like - just check with your account
provider to make sure they accept interest payments.
Savers can transfer current and / or previous year
ISA subscription (s) in whole, or in part, from another
provider.
However, the terms and conditions for
ISAs can vary between
ISA managers, so it's a good idea to check with your
provider before requesting the transfer.
Transferring from an existing Cash
ISA with another
provider or Sainsbury's Bank Cash
ISA using our Transfer in Form [PDF 127 KB] Bank Transfer Cheque You'll find more information about this in «How to pay in».
You can choose to keep your funds in the account, choose another
ISA or savings account from Tesco Bank, transfer your money to another
provider or withdraw the funds without charge.
You can simply keep the
ISA with the same
provider, move it to a different
provider that accepts APS (not all do), or the
ISA goes to someone else but you get the extra allowance.
Luckily though there are a few
providers who get round the «you can't have both» rule; full info on this in our Top Help to Buy
ISAs guide.
And remember, when you transfer an
ISA from another
provider, this won't affect your annual
ISA allowance.
A transfer from a stocks and shares
ISA — will start to earn interest from the working day we receive the transfer cheque and valid Transfer History Form from your old
provider.
Before making a decision to transfer your
ISA to us, you should check if your current
provider will charge a fee.
The maximum amount that you will be allowed to invest across all types of
ISAs, with us or any other
provider, is the current tax year's
ISA allowance of # 20,000 according to HMRC guidelines.