How to transfer an ISA

We explain everything you need to know about transferring an ISA

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Whether you are trying to switch to a different type of ISA, secure a better interest rate on your cash ISA savings or consolidate your money, it’s important to understand how to transfer an ISA before moving funds.

If you withdraw the money and pay it into another account, rather than transferring the ISA, you will lose the tax advantages.

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Rebekah is a news and personal finance journalist with extensive experience in digital journalism. She is currently Newsletter Editor (Global) at TheWeek.com, and a regular contributor to The Week Unwrapped podcast. Rebekah was previously Senior Personal Finance Reporter at Express.co.uk. Her interests include pensions, savings and money saving tips.