How to ensure best ISA rates & transfer funds securely!
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Written on: 18.11.2009 [21:50]
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Gibson
Gibson
Topic creator
Posts: 3
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Can anyone offer some advice on the best way to ensure you get the best ISA rates & transfer your funds securely to another account? I'm thinking of transferring to increase my interest / get a bonus, but I don't want to make a mistake and find I'm worse off than before! |
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Written on: 24.11.2009 [12:08]
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Summer
Summer
Posts: 5
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You'll need to search for a bank / financial institution which will accept your transfer without charging you a fee. You'll also need to check that you don't face high penalties for transferring your funds out of your existing ISA account. Make sure that you don't end up having to close your account or you'll LOSE the tax-free wrapper benefit!! This way you'll be able to take advantage of high interest rates without putting your savings at risk. In terms of the best rates, you'll need to do the research yourself to get a good AER that doesn't impose to many restrictions on your account! |
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