I want to transfer a cash ISA from another provider to a Cash ISA with Trading212. The ISA to be transferred is from the 23-24 tax year. I currently hold a S&S ISA with Trading212 for the 24-25 tax year, which has reached its £20,000 limit.
How do I do this? If I go to open a Cash ISA the terms say “2.1. You are subscribing to a Stocks and/or a Cash ISA for the current tax year.” This is not what I want to do. Do I need to initiate a transfer some other way without opening a Cash ISA first?
Whenever you attempt to transfer an ISA over to us, you’ll be asked to choose subscriptions (years) that will be transferred. As long as you select previous year subscription, then that shouldn’t affect your ISA allowance for 2024/25.
Question is not about previous years subscriptions, but the destination of the incoming funds. I only have a S&S ISA at present and want to move a cash ISA in to a cash ISA with 212
The answers the same as most providers, 212 can correct if wrong.
You need to open up a cash ISA here in the current financial year, then you request a transfer over from your previous provider, and provide details that the balance transferring over is a prior years entitlement.
