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04 December 2009

Can one transfer a cash ISA more than once a year?

I transferred my cash ISA of just over £20,000 at the beginning of the new tax year, to NATWEST E-ISA.to benefit from the 3.51% rate at the time. Apart from the fact that their rate has gone down to -I think, 1.98% now, they never honoured the 3.51% rate, due to taking so long over making the transfer, just about 2 months. I feel duped, however due to being exceptionally preoccupied with other things di not complain, and actually added some of my allowance for this year. It is not a fixed rate ISA- Is it possible to transfer it again this financial year?

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