Transferring cash Isa's

[mesha123]

Hi,

Is it straightforward to transfer cash Isa's from one provider to another?

Online banking system shows I only need to fill up a form and they take care if it within 15 working days.

I am planning to transfer from tsb to lloyds. Do I lose interest from tsb for part of the year that my money was with them?

Does anyone else have an experience of this? How quick and smooth was the whole process.

Thanks

Yes, very simple.
As you say, you fill in the form, and they do it for you.

No, you get the interest up until the date of transfer from the provider you are currently with, and then from the new provider once you move. Well, unless it was in a fixed bond or and account with 90 or 120 day notice period, in which case you either give notice, or lose the interest, yes.

Worth doing the calculation even then - if the new interest rate is considerably more than the old one.

Thanks for the reply. Will check it out.