ISAs

Please choose the option that best suits your enquiry:

• ISA limits
• Cash ISA re-application form
• Cash ISA transfers
• ISA terms & conditions

ISA Limits 2012/13

Take a look at the table below to see some examples of how you could split your full ISA 2012/2013 allowance between a cash ISA and a stocks and shares ISA.

Advice for eligible ISA customers

From 6 April 2012, the annual ISA subscription limit increased to £11,280 for anyone eligible to invest in an ISA. Up to £5,640 of the ISA allowance can be saved in a cash ISA with one provider. The remainder of the £11,280 can be invested in a stocks and shares ISA with either the same or another provider.
Alternatively, the full £11,280 can be invested in a stocks and shares ISA with one provider.

ISA re-application form

Download a Cash ISA re-application form by clicking on the button below:

• ISA re-application form

Cash ISA Transfers

If you wish to transfer an existing ISA balance to the Cheshire, you need to be aware that although we will not charge for this, your existing provider may. There may be other taxes and costs that are not paid through the Cheshire.

Please allow 15 business days for the full process to be completed. Please note, you are not required to contact your current provider to let them know you wish to transfer your ISA to us, we’ll do that for you. We will contact you if we require any additional information or have any queries. The account interest will be backdated to the date we received your ISA transfer application provided that your funds are free to move and not subject to any notice period.

You can transfer all of the current tax year’s subscriptions and/or all or any part of previous tax years subscriptions. Please note that the current ISA rules do not allow funds invested in a Stocks and Shares ISA to be transferred to a Cash ISA.

Cash ISAs held with the Cheshire can be transferred to another provider at any time subject to the terms and conditions of the account.

How the process works

For a Cash ISA, subject to any restrictions on paying money in and withdrawals (see account specific conditions for further information):

(a) If you wish to transfer all or part of your ISA to another cash ISA manager, we will send the funds and accompanying information to the new manager within 5 business days of the date of receipt of a transfer instruction from the new manager.

(b) If you wish to transfer all or part of a cash ISA you hold with another ISA manager to us:

1. On receipt of a transfer instruction from you, we will send it to the other manager together with a confirmation that we will accept the transfer within 5 business days of the date of receipt, and
2. On receipt of the funds and accompanying information from the other manager, we will credit the funds to the account within 3 business days of the date of receipt.

For a Stocks and Shares ISA, subject to any restrictions on withdrawal (see account specific conditions for further Information), if you wish to transfer all or part of your ISA to another ISA Manager we will transfer the account within the time stipulated by you or within 30 days of receiving the request from your new provider, whichever is the longer.

Transferring funds into a new Cheshire ISA

If you wish to transfer an existing Cash ISA from another provider to a new Cash ISA at the Cheshire, please follow the steps below:

• Print off and complete an ISA application form
• Print off and complete an ISA transfer form. If you are transferring funds from multiple ISAs with other providers, you will need to print off an ISA transfer form for each provider.
• Include your signed cheque so we can process your request.
• Send the above forms and cheque to: ISA Processing Team, Cheshire Building Society, Castle Street, Macclesfield, Cheshire, SK11 6AF.

What ISAs are currently available for new subscriptions?

All our ISA products can be found here.

Transferring funds into an existing Cheshire ISA

To transfer an existing Cash ISA from another provider to an existing Cash ISA you have with the Cheshire, you will need to ensure that your Cheshire Cash ISA is not a closed issue account. A closed issue account is one where no further subscriptions are allowed and therefore funds cannot be transferred into these accounts.

The only existing Cheshire Cash ISA currently available for transfers of funds is the Cash ISA – 3rd Issue.  You cannot transfer funds into an existing Fixed Rate Cash ISA.

I did not subscribe to my existing Cheshire ISA during the last tax year – what do I need to do?

Because you did not make a subscription to your Cheshire Cash ISA in the previous tax year, you will have to complete and sign a ISA re-application form. Once you have downloaded and signed the ISA re-application form you will need to send it to the address below. Alternatively you can call into your local branch.

Which forms do I require to transfer funds into my existing Cheshire ISA?

You will need to do the following:

• Print off and complete an ISA transfer form. If you are transferring funds from multiple ISAs with other providers, you will need to print off an ISA transfer form for each provider.
• Send the above form to: ISA Processing Team, Cheshire Building Society, Castle Street, Macclesfield, Cheshire, SK11 6AF.
• Or pop into your local branch or call our Customer Contact Centre where the transfer can be completed.

ISA terms & conditions

The terms and conditions for our ISA range can be found in the documents below. Our Guide to ISAs contains terms and conditions specific to our ISA range, while our General Terms & Conditions document contains information that relates to all Cheshire investment accounts. Please note that both links open in a new window.

• Guide to ISAs - Specific terms and conditions for Cheshire ISAs.
• General Investment Terms & Conditions - applicable to all Cheshire savings accounts.

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