Can I take money out of my cash ISA?

Yes, you can take money out of your cash ISA but how much, and how often, depends on which type of ISA you have. You should refer to the terms and conditions for more information, including charges which may apply to Flexible Cash ISAs if you close or transfer-out the full balance before the end of the term.


Flexible Cash ISA Issues 1, 2 and 3 (3 years)

You can make 3 withdrawals during the fixed term, each up to 10% of the current balance.

Flexible Cash ISA Issues 4 - 9 (2 years)

You can make 3 withdrawals during the fixed term, each up to 10% of the current balance.

Flexible Cash ISA Issue 10 (2 years)

You can make 3 withdrawals during the fixed term, each one up to 10% of the current balance.

From 6 April 2016, funds withdrawn from your Flexible Cash ISA can be replaced in the same tax year without counting towards your annual ISA allowance.  Please note the tax year runs from 6 April to 5 April the following year.

 

Instant-access cash ISAs

You can withdraw money from your account whenever you want, without any restrictions.

For all instant-access cash ISAs except Help to Buy: ISA and Flexible Cash ISA Issues 1-9,  you can withdraw and replace funds in your ISA in the same tax year without the replacement counting towards your annual ISA allowance. Please note the tax year runs from 6 April to 5 April the following year.

 

Help to Buy: ISA

You can withdraw money from your account whenever you want, without any restrictions. However, this could mean it’ll take longer for you to build up your balance as you can only pay in £200 per month.

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