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With an ISA transfer, your savings will keep their tax-free status

If you already have an ISA with another provider (either a cash ISA or a stocks and shares ISA), it's straightforward to transfer some or all of your ISA savings, keeping their tax-free status. As well as transferring into the same type of ISA (cash to cash or stocks and share to stocks and shares), you can transfer cash ISA savings to a stocks and shares ISA or vice versa.

You'll need to check with your provider for any restrictions or charges for transferring ISAs.

Remember to ask your new ISA provider for an 'ISA transfer'. It's different from a 'transfer': if you move money from an ISA into a non-ISA, the money loses its tax-free status so, if you're a tax payer, you might have to pay tax on the interest. 

How to move your ISA savings from another provider to a Coventry ISA 

You can transfer in savings from another ISA with the Coventry or with another provider. Depending on the Specific Terms for the Coventry ISA you want to transfer to, these savings may be from the current tax year and/or from previous tax years.

If you want to transfer your cash ISA savings for the current tax year...
Under ISA rules you must transfer them in full.

If you want to transfer ISA savings from previous tax years...
If this is allowed for the ISA you want to transfer to, you can transfer ISA savings from previous years in full or in part. And you can transfer previous years' ISA savings from more than one ISA. If you've created a flexible ISA allowance, you can't transfer the allowance to another ISA.

What you need to do

Before you request a transfer, please make sure you check the terms and conditions of the ISA you're transferring from and to (in case, for example, there are restrictions or charges). Then ask us to arrange the 'ISA transfer' for you. 

If you would like to transfer money between Coventry ISAs you can do this in Online Services, if you have access make sure you have your Security Details to hand. Alternatively, you can print and post this form

Alternatively, if you would like a transfer from another provider to your Coventry ISA, you need to print and post this form.

It’s important that you write the address exactly like this, in capital letters, and all on one line. As soon as we receive your form, we’ll arrange the transfer for you.


Alternatively you can ask at a branch or call us on 0800 121 8899.


What happens next?

When we receive your transfer request, our ISA transfer team will contact your current ISA provider and arrange the transfer. We'll then write to you to confirm your savings have been moved to your Coventry ISA.

Please allow up to 7 business banking days (Monday to Friday, not including bank holidays) for a cash ISA transfer to be completed and 30 calendar days for a stocks and shares ISA transfer.

If you have any questions about transferring, please contact us.

How to move your ISA savings from the Coventry to a new ISA provider

It’s easy - just tell your new provider that you want to make an ISA transfer and they’ll let you know what you need to do. 

We'll usually move your savings to your new provider within five days 



Whenever we receive a request to transfer your ISA funds to a new ISA provider, we'll complete the ISA transfer and send your savings to them within five business banking days of us receiving the request. It can take up to 7 days to complete the transfer.

Remember, you can’t transfer a flexible ISA allowance to another provider

If you create a flexible ISA allowance, it only applies to that ISA. If you transfer the ISA to another provider and close the account, you lose any flexible ISA allowance you've created. 

More about flexible ISAs