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Re: Transfering an ISA after having paid in in this financial year

  •  Fri, May 08 2009, 10:31 AM

    Re: Transfering an ISA after having paid in in this financial year

    Sparx, the Barclays golden Isa does not accept transfers while the Natwest E-ISA requires you subscribe to their ISA before transferring your money. Therefore you can't subscribe to Barclays and transfer your old ISA to Natwest at the same time.

    I believe you wanted to do this to maximise the interest as Barclays is offering the most competitive rate at the moment (3.61). However, you should take into account that if you put everything in one pot with Natwest and the total is >10K, the rate you get is higher (AER 3.51%). This was my case and I moved everything to Natwest as all the other combinations (Barclays golden ISA + old ISA somewhere else) appeared to be less appealing.


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