A Trading 212 Thread

Out of interest, can you do an internal transfer of the Cash ISA to a S&S ISA?

Edit: Should have checked their help articles - yes, you can.

Yes, you can

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Yes, you can transfer either direction without affecting your ISA allowance.

…and the money’s in my T212 ISA today :slight_smile:

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Good response time. :relieved:

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It appeared on the second working day from requesting the transfer, which is pretty much the fastest transfer I’ve ever had.

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I’ve witnessed some speedy transfers over time, but my transfer in was similar to yours and the quickest I’d had.

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The T212 GBP interest rate is reducing to 4.9% on the 30 November

Yh just saw someone post it on MSE.

Checked app and it’s in there.

‘Fraid so. Still a good rate though.

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Agreed, not worth moving at the moment. Anyone planning to move to plum must remember it’s not a flexible version

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Cash ISA interest to be paid monthly instead of daily.

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‘You can track your daily interest earnings in our … apps’

So there’ll be a ‘counter’ to view day over day but actual payment will be withheld until end month?

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That’s how I read it. :slightly_smiling_face:

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Vaguely irksome, but I suppose they have their (cash flow?) reasons…

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It was an interesting feature, but I guess monthly still works.

As someone who switched notifications off early doors, as I don’t need to see how much I’m getting each day, changing to monthly will make no difference to my use of the account or app either :man_shrugging::blush:

Reading the T&C changes, the monthly interest will be credited on “the third calendar day of the month”.

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I’ll put it in the diary :blush:

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It’ll affect the speed at which interest compounds, surely?