ISA Transfer

ISA Transfer

Compare UK ISA Transfer Options

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.

By shopping around you can ensure that you are getting the best Cash ISA deal possible.

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.
Plan Name

Investec FTSE 100 Defensive Income Plan

Annual Income
Up to 8.0%
per year
Term
Up to 8 years
ISA Option

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. 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.

Plan Name

Investec FTSE 100 Enhanced Income Plan

Annual Income
4.26%
fixed income per year
Term
5 years
ISA Option

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. 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.

Plan Name

Meteor FTSE Monthly Contingent Income Plan

Annual Income
Up to 5.40%
per year
Term
Up to 10 years
ISA Option

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. 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.

Plan Name

Investec FTSE 100 Enhanced Kick Out Plan

Maximum Potential Return
12%
per annum
Term
Up to 6 years
ISA Option

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. 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.

Plan Name

Dura Capital Credit Suisse FTSE 100 Defensive Autocall Plan

Maximum Potential Return
8.5%
per annum
Term
Up to 8 years
ISA Option

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. 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.

Plan Name

Investec/Lowes 8:8 Plan

Maximum Potential Return
8.5%
per annum
Term
Up to 8 years
ISA Option

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. 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.

Plan Name

Investec FTSE 100 Step Down Kick Out Plan

Maximum Potential Return
8.0%
per annum
Term
Up to 6 years
ISA Option

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. 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.

Plan Name

Investec FTSE 100 Defensive Step Down Kick Out Plan

Maximum Potential Return
7%
per annum
Term
Up to 6 years
ISA Option

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. 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.

Plan Name

Investec FTSE 100 Defensive Kick Out Plan

Maximum Potential Return
6.5%
per annum
Term
Up to 6 years
ISA Option

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. 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.

Invest From
£2,500
Fund Choice
Managed Portfolios
Protection Scheme
FSCS
ISA Transfers

Why we like it: Investec Click & Invest is an online investment service that aims to make actively managed, globally diversified investment portfolios accessible to a wider audience. Everyone deserves harder working money, and Click & Invest’s goal is to make a positive difference to more financial futures. Their experts build and manage investment portfolios from £2,500 online, intelligently blending expertise with high-quality service. With a £2,500 minimum investment, Click & Invest aims to deliver an exceptional service for a straightforward fee. They offer both stocks and shares ISAs and general investment accounts, with a seamless online experience, with dedicated 24/7 support available. Capital at risk.

 

Important information: Investment ISAs are tax-efficient wrappers for long term investments. Capital 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.

Invest From
£25 per month or £100 single
Fund Choice
2,500+ funds
Protection Scheme
FSCS
ISA Transfers

Why we like it: Choose your own funds or alternatively a ready made portfolio. Market-beating savings and discounts of up to 5.5%. No charge to buy and sell funds. Low, tiered annual charges for holding funds, with a maximum of just 0.45% per annum. Free fund updates and analysis from experienced research team. Invest with a financially secure, FTSE 100 company.

Important information: Investment ISAs are tax-efficient wrappers for long term investments. Capital 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.

Invest From
£25 per month or £100 single
Fund Choice
40,000+ UK and global stocks
Protection Scheme
FSCS
ISA Transfers

Why we like it: ISA prize draw – win £20,000. Subscribe £2,500 or more to your 2018/19 ISA for automatic entry. Terms and conditions apply. From £100 to £2,000 cashback when you transfer. Minimum transfer of £25,000 & eligibility terms apply. An award-winning ISA that gives you complete control. The second largest platform in the UK with the widest choice of investment options in the market including funds, investment trusts, ETF’s and more. Open online in less than 10 minutes. Access to expert independent ideas and analysis. Low cost fees and trading

Important information: Investment ISAs are tax-efficient wrappers for long term investments. Capital 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.

Invest From
£500 single (+ £100pm for ISAs below £5,000)
Fund Choice
Managed Portfolio
Protection Scheme
FSCS
ISA Transfers

Why we like it: Get an intelligent stocks & shares ISA portfolio – Choose a portfolio that’s fully managed by our expert team or a fixed allocation portfolio. 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). Portfolio management fees of 0.45%-0.75% up to £100k. 0.25%-0.35% beyond £100k. There are also underlying investment charges, see our fees page. Plus, live chat, amazing customer support and brilliant investor tools and guides. Authorised and regulated by the FCA. Capital at risk.

Important information: Investment ISAs are tax-efficient wrappers for long term investments. Capital 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.

Invest From
£25 per month or £1.50 per deal
Fund Choice
Over 2,000 funds
Protection Scheme
FSCS
ISA Transfers

Why we like it: Deal from £1.50 and never pay more than £9.95 per online deal. Choose your own investments from over 2,000 funds, investment trusts and exchange traded funds. View your account online 24/7 and deal on the go with our mobile app. Regular savings option available.

Important information: Investment ISAs are tax-efficient wrappers for long term investments. Capital 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.

Invest From
£50 per month
Fund Choice
Over 140 providers and 3,000 investment options
Protection Scheme
FSCS
ISA Transfers

Why we like it: Invest from as little as £50 a month or with a £1,000 lump sum. Investment choice from over 140 fund providers, giving you access to 3,000 investment options. One low-cost service fee of 0.35%. Great service – from investment guidance on website through to UK-based phones team. PathFinder, Select 50, Investment Finder – investing tools for beginners to advanced investors. 24/7 access via online Account Management system.

Important information: Investment ISAs are tax-efficient wrappers for long term investments. Capital 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.

Invest From
£50 per month or £500 single
Fund Choice
Choice of Funds from Scottish Friendly
Protection Scheme
FSCS
ISA Transfers

Why we like it: Invest from only £10 a month, lump sums from just £100 or a combination of both using your tax-free Investment ISA allowance. You can stop, restart, raise or lower your payments or your investments and cash in whenever you want. Choice of investing in one easy choice fund ISA, or a selection of nine different fund ISA’s. Your money will be invested in a policy within a Scottish Friendly ISA which will then invest in a choice of funds from Scottish Friendly including stock market and bond funds.

Important information: Investment ISAs are tax-efficient wrappers for long term investments. Capital 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.

Invest From
£30 per month or £500 single
Fund Choice
With-Profits Fund
Protection Scheme
FSCS
ISA Transfers

Why we like it: You don’t have to make any tricky investment decisions; your money will be invested in Shepherds With Profits Fund, and the bonuses you could receive will depend on the future performance of the fund. To try to achieve higher returns for you, your money is invested in a variety of assets, the majority of which consist of stocks and shares, but also property, bonds and cash. While returns are not guaranteed in stocks and shares investments and the value can go down as well as up, Shepherds apply a process known as ‘smoothing’ that attempts to even out fluctuations in the value and aims to keep a consistent level of bonus payments.

Important information: Investment ISAs are tax-efficient wrappers for long term investments. Capital 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.

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. 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. 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.