Learn to be a Financial Hunter - Not the Hunted
|
|
|
|
|
|
|
You Are Here: Home > Personal Finance > ISAs > FAQs - Question
How to earn more money with on a Cash ISA
Last update : November 2011
The only way is to follow the savings market and chase the highest interest rate.

However, your present ISA provider may impose an admin fee for moving your cash and the transfer can take up to 30 days, more in some cases although if this happens see this FAQ:

Important - Always let a Bank handle the transfer process

The golden rule when you transfer an ISA, both Cash and Stocks & Shares, is to never withdraw the cash yourself from your present ISA account and pay it into the new one. If you do this the money is deemed to have been withdrawn form the ISA and is not allowed to be replaced.

Instead contact the ISA provider you want to move to and ask them for some transfer forms. Let them handle the paperwork procedure and take charge of the overall transfer.

See also

Looking for something? Then search this site:

© 2012 LearnMoney.co.uk All rights reserved

The information on the LearnMoney.co.uk website has been compiled from sources believed to be reliable, but is not warranted to be accurate or complete.
All recommendations and comments are provided for general interest only and should not be construed as advice.
Professional advice should always be sought before buying or investing in any financial product.
The price of securities and any income from them can go down as well as up.
Past performance of a security or market is not necessarily indicative of future trends.
Any opinions and recommendations on LearnMoney.co.uk are given in good faith, but without legal responsibility and are subject to change without notice
.