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Help to save ISA

2 replies

Inliverpool1 · 04/12/2019 16:31

Can anyone clear this up for me please ?
I’m paying in the maximum £50 per month over two years with the intention of getting the £600 bonus.
Do I then have to leave the first two years £1200 in the account to get the maximum second year bonus of £600 or can I withdraw it and start again ?
Many thanks

OP posts:
AddUpToNothing · 07/12/2019 07:08

You have to leave it in there in order to get the final bonus after the 4 years.

The final bonus is calculated on the difference between your highest balance in the first two years and your end balance. So if the balance doesn’t increase you won’t qualify.

Inliverpool1 · 07/12/2019 08:39

Ahhhh thank you

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