[BuzzyBusyBee]

Hello,

I hope someone can help.

I have an Instant Access Cash ISA with Tesco.

I opened it earlier this tax year. I have subscribed some new money into it and also transferred money into it from an old Cash ISA.

However, since opening the Cash ISA earlier this tax year, Tesco have risen the interest rate for new applications but I don't get that rate.

Is there any way of transferring my Cash ISA within a tax year within Tesco Bank so I may get the better interest rate?

If there is a way, could you explain how I could go about it?

Many thanks.

[KellyT]

Hi @BuzzyBusyBee, if you are looking for the new account at the higher rate of interest, you can apply for this via your online banking. Once you have opened the new account, you can give us a call on 0345 678 5678 (Mon - Fri: 8am - 8pm, Sat - Sun: 9am - 3pm) and an agent will be happy to close the old account and move the balance to the new one.

[BuzzyBusyBee]

Hi Kelly T,
I've tried to open a new Cash ISA online, but it says I can't because I've already opened one this tax year.
I think I will have to ring but it's difficult to find the opportunity.
Alternatively I might wait until the new tax year and/or go to another bank.
Cheers.

[BuzzyBusyBee]

@KellyT
Hi Kelly T,
I've tried to open a new Cash ISA online, but it says I can't because I've already opened one this tax year.

[KellyT]

Please call our Savings team on 0345 678 5678 (Mon - Fri: 8am - 8pm, Sat - Sun: 9am - 3pm) one of my colleagues will be able to help you further @BuzzyBusyBee