Transfer an ISA

It’s easy to transfer – you’ll be glad you did

The easiest way to transfer a Cash ISA or Stocks and Shares ISA is to call us on 0808 1005045 between 9am and 5pm weekdays.

Why transfer an ISA to us?

  • Save money with better value funds – often lower charges.
  • More investment choice – and it’s easy to switch
  • Better control – see valuations, transactions, documents and more online
  • Transfer Cash ISAs to Stocks and Shares ISAs* – swap low interest savings for the opportunity to grow your wealth long-term
  • Stay in the market – transfer most stocks and shares without having to sell. (This is called re-registration)
  • One point of contact – we’re here to help and support you.
  • It’s free and easy to transfer – if there are exit penalties we may be able to help – please ask

*Please remember stocks and shares are higher risk than cash and you may get back less than you put in.

Here’s how an ISA transfer works:

  1. You apply to transfer
  2. We send you paperwork to sign
  3. Your ISA provider receives an instruction to transfer
  4. Your cash and/or investments arrive in your account
  5. We tell you so you can invest your cash or switch funds

What you need to know

Can I sell my ISA and take out a new one?

No. If you sell your ISA you will lose all your tax benefits. You must follow the transfer process.

How long does a transfer take?

It can take a few days but typically 3-4 weeks.

How much of my ISA can I transfer?

You can transfer as much as you want from previous tax years, but must transfer your entire ISA for the current tax year.

How does a transfer affect my ISA allowance?

It doesn’t affect your allowance and you can transfer anytime.