ISA Transfer

Compare Transfer Options for your ISA

Top Investment ISA Transfers
ProviderAccountISA TransfersProtection schemeFund choiceInvest From:More info
yes

FSCS

Managed Potfolio

Min. £500 single

(+ £100pm for ISAs below £5,000)

More Info >
Why we like it: Get an intelligent stocks & shares ISA portfolio, fully managed by our expert team. No tie-ins, no set-up fees, no exit charges. Easy, online set up in minutes. Start with as little as £500 (plus £100 per month for ISAs below £5,000). One simple annual portfolio management fee – 0.3% to 0.95% depending on how much you invest, incl VAT. Regular rebalancing – at no extra cost – plus, live chat, amazing customer support and brilliant investor tools and guides. Regulated by the FCA and protected by the FSCS. Capital at risk.
yes

FSCS

2,000+ funds

£50 per month

or just £5 single

More Info >
Why we like it: Barclays Stockbrokers has been voted ‘Self Select ISA Provider of the Year’ at the ADVFN International Financial Awards 2016. Choose from over 2,000 funds, shares, ETFs, investment trusts, gilts, bonds and more. Now with ISA flexibility, withdraw and replace cash from a flexible ISA during the same tax year without it counting towards your annual ISA allowance.
yes

FSCS

1,500+ funds

£50 per month

or £500 single

More Info >
Why we like it: Invest through an award winning FTSE company, with extensive research and analysis and competitive charges. Choose from a range of investments including shares, funds, gilts, bonds, investment trusts and ETFs.


Important information: Investment ISAs are tax-efficient wrappers for long term investments. Capital’s at risk. Charges may apply.  Tax rules may change in the future and whether particular tax rules benefit you, will depend on your individual circumstances. ISA transfer charges may apply, please check with your provider.

ISA Transfer Options - Income Structured Investment Plans
ProviderPlan NameCounterpartyISA OptionTermMaximum Potential IncomeMore Info
FTSE Contingent Income PlanNatixisyesUp to 10 years

8.25%

per annum

More Info >
Maximum 10 year structured investment plan paying a potential quarterly income of 2.0625% (equivalent to 8.25% annually) and the opportunity to mature early from year 2 onwards. Also available as a Stocks & Shares ISA investment and ISA transfer.
FTSE 100 Kick-Out Income PlanInvestec Bank plcyes6 years

7.00%

per annum

More Info >
6 year investment plan paying a potential quarterly income of 1.75% (equivalent to 7% annually). Available as a Stocks & Shares ISA, non-ISA investment and ISA transfer.
FTSE Contingent Income PlanCredit Suisse AGyesUp to
6 years

6.56%

per annum

More Info >
A maximum 6 year investment plan paying a potential quarterly income of 1.64% (equivalent to 6.56% per year) and the opportunity to mature early. Also available for Stocks & Shares ISA and ISA transfer.
FTSE 100 Defined Income PlanInvestec Bank plcyes6 years

6.00%

per annum

More Info >
6 year investment plan paying a potential quarterly income of 1.5% (equivalent to 6% annually). Available as a Stocks & Shares ISA, non-ISA investment and ISA transfer.
Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. Income and growth returns are not guaranteed. There is a risk of losing some or all of your initial investment due to the performance of the underlying investment. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.

ISA Transfer Options - Growth Structured Investment Plans
ProviderPlan NameCounterpartyISA OptionTermMaximum Potential ReturnMore Info
FTSE 100 Enhanced Kick Out PlanInvestec Bank plcyesUp to
6 years

10%

per annum

More Info >
Structured investment plan with the potential to mature after years 1, 2, 3, 4, 5 or 6. If the plan matures early it will return 10% times the number of years the plan has been in force. Also available for Stocks & Shares ISA and ISA transfer.
FTSE 100 Defensive Growth PlanInvestec Bank plcyes6 years

34.0%

after 6 years

More Info >
6 year structured investment plan which aims to return 34% if the FTSE 100 is higher than 50% of Initial Level. Available for Investment ISA, and ISA transfer.
FTSE 100 Step Down Kick-Out PlanInvestec Bank plcyesUp to
6 years

8.25%

per annum

More Info >
Structured investment plan with the potential to mature after years 2, 3, 4, 5 or 6. If the plan matures early it will return 8.25% times the number of years the plan has been in force. Also available for Stocks & Shares ISA and ISA transfer.
FTSE 100 Defensive Kick-Out PlanInvestec Bank plcyesUp to
6 years

7.75%

per annum

More Info >
Structured investment plan with the potential to mature after years 3, 4, 5 or 6. If the plan matures early it will return 7.75% times the number of years the plan has been in force. Also available for Stocks & Shares ISA and ISA transfer.
FTSE Defensive Kick Out PlanCredit Suisse AGyesUp to
6 years

7.30%

per annum

More Info >
Structured investment plan with the potential to mature after years 2, 3, 4, or 5. If the plan matures early it will return 7.30% times the number of years the plan has been active. Also available for Stocks & Shares ISA and ISA transfer.
Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. Income and growth returns are not guaranteed. There is a risk of losing some or all of your initial investment due to the performance of the underlying Index or commodity. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.

ISA Transfer Options - Income Investment Funds
 Product NameISA OptionIncome YieldMore Info
Henderson Strategic Bondyes5.7%More Info >
Income Paid Quarterly. Investing in higher yielding assets which will include most types of fixed interest securities, this fund aims to deliver a quarterly income to investors. See latest fund factsheet for details.
Newton Asian Incomeyes5.43%More Info >
Income Paid Quarterly.The objective of the Sub-Fund is to achieve income together with long-term capital growth predominantly through investments in securities in Asia Pacific ex Japan (including Australia & New Zealand) region. The Sub-Fund may also invest in collective investment schemes. See latest fund factsheet for details.
Newton Higher Incomeyes5.4%More Info >
Income Paid Quarterly. The objective of the Fund is to achieve increasing distributions on a calendar year basis with long term capital growth. The Fund may also invest in collective investment schemes. See latest fund factsheet for details.
Invesco Perpetual Distributionyes4.7%More Info >
Income Paid Monthly. Invesco Perpetual Distribution offers a balance between both income and capital growth through investment in UK based equities and fixed interest securities. See latest fund factsheet for details.
Invesco Perpetual Monthly Income Plusyes4.46%More Info >
Income Paid Monthly. Popular income fund that aims to achieve a high level of income whilst seeking to maximise total return through investing in high yielding corporate and Government bonds, together with UK equities. See latest fund factsheet for details.
Woodford Equity Income Fundyes3.50%More Info >
Our selected partner for investing in Neil Woodford's Equity Income fund is Barclays Stockbrokers, via their INVESTMENT ISA for new ISAs and ISA transfers, or their MARKETMASTER® ACCOUNT for non-ISA investments. Income Paid Quarterly.The fund’s investment objective is to provide investors with long-term appreciation through investing in stocks primarily listed on the UK stock exchanges. Up to 20% may be invested in international companies. The income objective is 10% higher than the FTSE All Share Index yield with an anticipated annual yield of 4.0%.
*Current Income Yields are Gross, Variable and Not Guaranteed
**Historic Yield reflects distributions declared over the past 12 months as a percentage of the mid-market price of the fund.
*** This is the target yield the fund aims to achieve per year, it is not guaranteed and could change according to prevailing market conditions. The target yield is net of basic rate tax.
Information correct as at 08/02/2012.

The value of investments and any return from them can fall as well as rise and you may not get back the full amount invested. Please ensure that you read the Important Risk Information below. 

Why Transfer Your ISA?

If you have existing ISA plans and you are unhappy with the return you are getting then transferring to a new provider to get a better deal is easy.


If you have Cash ISAs then in recent years with falling interest rates, the rates of interest offered by many Cash ISA providers have tumbled. With inflation running at 3% plus over the last 2 years, there is areal danger your money is not maintaining its value in real terms.ISA Transfer


By shopping around you can ensure that you are getting the best Cash ISA deal possible. As at October 2012 the lowest rate being paid on an instant access cash ISA was 0.25% versus the highest rate paying 3.06%. That’s nearly a difference of £300 a year assuming your cash ISA value is £10,000.


Transferring your cash ISAs to a new provider is straightforward and won’t cost you anything.


If you have a stocks and shares ISA you may be unhappy with the performance of the ISA or your circumstances may have changed and you may wish to transfer to an ISA provider that provides e.g. a monthly income option. Click here For more information on investment ISA transfers.

 

How to Transfer Your ISA:


Transferring your Cash ISA is easy and only requires a bit of your time.


1. Firstly you need to shop around for a Cash ISA deal that suits your requirements. Use our website to help find a good deal.


2. The new ISA provider should include in their application pack a “Cash ISA Transfer” form. In completing this you are authorising the new provider to do all the work in transferring your existing cash ISAs over. If you have lots of different cash ISAs with different providers this is not a problem.


3. On receipt of the completed transfer forms from you, your new ISA provider will contact your existing ISA providers and arrange the transfers. The transfer process should take no longer than 15 business working days.


4. Your new ISA provider should start paying interest from day 16 of the process regardless whether the Cash ISA transfer is completed within the standard 15 business day timescale.


5. Once the transfers have been completed your new ISA provider will confirm this to you in writing.

 

Top ISA Transfer Tips

  • With a bit of effort you could get a much better rate of interest on your Cash ISAs. Shop around using our website and other online sites to find the best deal for you. Cash ISA rates are changing all the time so make a note of looking say every 6 months to see how your Cash ISAs are performing in relation to the market.
  • If you don’t need access to your Cash ISA money consider a fixed rate or notice account deal as interest paid will often be higher.
  • A number of Cash ISA providers pay bonus rates which expire after 12 months. Make sure you diarise the anniversary of your ISA if you have a bonus deal. Then transfer to a new cash ISA provider.
  • If you are looking for a fixed rate cash ISA deal and you are comfortable locking money away for a set period of time e.g. 3 to 5 years then you may also wish to consider alternative to fixed rate cash isas.
  • You can transfer cash ISAs into stocks and shares ISAs but not the other way round.
  • Make sure you do not cash in your old ISAs in order to reinvest into a new cash ISA account. By doing this the proceeds will be classed as new money for cash ISA investment and you will lose the tax free entitlements from previous years.
  • Leave the ISA transfer process to the new ISA provider. They will do the transfer work.
  • If having taken out your cash ISA in the current tax year there is nothing stopping you moving it to a new provider soon afterwards if you find a better deal. However it is important you read the terms and conditions to ensure there are no interest penalties or conditions before you move your ISA. If there are penalties you may be better off staying put until the time penalties expire.

 Important Risk Information:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested.

Investments in Stocks & Shares ISAs do not contain the same degree of capital security as investments in deposits. Stocks and shares ISAs are designed as medium to long term investments of, for example, five years or more. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.

Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.