A step-by-step guide to transferring cash Isas - We explain the rules to follow to ensure your savings stay tax-free and you get the best isa rates.
Old Isas can pay miserable rates of interest, so you could significantly improve your returns by transferring to providers offering the best rates.
There are no limits on the number of transfers you can make in a tax year. However, you can only make new contributions into one cash Isa and one stocks and shares Isa each tax year.
Never move the money yourself – if your Isa transfer is done incorrectly, your savings could lose their tax-free status.
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