New super Isas: How to transfer safely from stocks & shares to cash - Telegraph
ISA rates may not be setting the world on fire at the moment, but that doesn't mean you should turn your back on these nifty little accounts. If anything, it's the ideal time to take a look at your current situation, particularly if you're stuck in an account paying meagre rates of interest.Cash ISA or Stocks and Shares ISA?
Why not look to the alternatives? Decent rates can be found, particularly if you're willing to lock your money away — check out the best ISAs currently on the market — and if you transfer funds, you could make the most of your tax-free allowance with a much better rate.
Well, there's no telling how long the PSA will last for, so at some point, your savings could become taxable again; this isn't the case with ISAs, so it's well worth continuing to build up your pot. So, with that in mind, we thought we'd put together a quick overview of six things you need to know about ISA transfers….
Information is correct as of the date of publication shown at the top of this article. Any products featured may be withdrawn by their provider or changed at any time.
Please send me emails with the latest Moneyfacts news, best buy products and specially selected third party offers. This includes tracking cookies. PRODUCT NEWS Details of new financial products.
Transfer your Cash ISA to a Stocks & Shares ISA
NEWS The latest stories from the world of finance. MONEY GUIDES Comprehensive guides about all things financial. News Index Annuities Banking Broadband Business Business Broadband Business Energy Buy To Let Car insurance Consistent savings Credit cards Debt Economy Ethical Gas and electricity Health insurance Home insurance Home phone Income protection Insurance Investments ISAs Life insurance Loans Mobile Phones Money Money Saving Mortgages Offshore Banking Offshore savings Pensions Pet Insurance Retirement Savings Students Travel Travel insurance Utilities Van Insurance Vouchers.
Six things you need to know about ISA transfers Category: It is now over 6 months old so the content may be out of date. Looking for a tax-efficient investment? Moneyfacts House, Thorpe Road, Norwich NR1 1BJ.
Authorised and Regulated by the Financial Conduct Authority. Shown on the Financial Services Register www. This article was correct at the time of publication.