So imagine I have 6k in an ISA and they are paying a measly 0.5% interest this year. I have deposited 1k so far this year leaving me 2.6k of my allowance to go.
If I transfer my account to another bank is my allowance used up, or do they take into acct only the 1k I've saved this year, enabling me to still put the remaining 2.6k into it?
TIA