Can I transfer existing ISAs with other providers to the Vantage Stocks & Shares ISA?

Yes. Most Stocks & Shares ISA providers will offer a stock transfer and whilst a few levy exit fees these can typically be recouped by the loyalty bonuses we offer on funds. Some providers may specify the transfer must be made in the form of cash, in which case you would retain the ISA wrapper but you would be out of the market during the transfer period, typically 5-10 working days. This may work in your favour if the market falls but if it rises you will not benefit from any growth while you hold the cash. On receipt of the cash proceeds we can reinvest according to your instructions.

It's now also possible to transfer a Cash ISA to a Stocks & Shares ISA but not vice versa. Please ensure you understand the risks detailed below first.

Unlike stock market investments, Cash ISAs offer immediate access and your capital is guaranteed (up to £85,000). Furthermore within Cash ISAs you receive your interest gross, but while you hold cash in a Stocks & Shares ISA the interest is effectively paid net. Historically, stock market investments have delivered superior returns when compared with cash over the longer term, although this is not guaranteed and stock market investments can fall in value as well as rise.

In order to transfer a Stocks & Shares ISA or Cash ISA into the Vantage Stocks & Shares ISA, you would need to complete our Stocks & Shares ISA Transfer form, please read the Key Features and Terms & Conditions first. This should be returned to us and we will then contact your existing ISA provider to arrange the transfer.