Why you should transfer your Cash ISA

Why you should transfer your Cash ISA

If you want to make your money do more, then consider transferring your Cash ISA to our Stocks & Shares ISA. Your money will be invested in our Fully-Managed Investment Portfolios, with our expert in-house investment team spreading your investments across thousands of global holdings. Our fund partners include major names such as UBS and Goldman Sachs Asset Management, giving you the opportunity to grow your money with some of the most renowned fund managers.

In contrast, your Cash ISA is linked to interest rates. Prices are growing quicker than interest, with the latest inflation number pegged at 1.7%.

As a result, in real terms, your money is actually losing value in a Cash ISA below 1.7%. Your money in a Cash ISA would buy you more today than it would when left in your account.

Transferring your Cash ISA to a Stocks & Shares ISA could be a good way to make your money grow in a more substantial way. If the funds you are invested in perform well you’ll see returns beyond what Cash ISA interest could return. You must also keep in mind that Stocks & Shares can go down as well as up, and you could lose money in this type of investment. The reality is that to open yourself up to substantial growth, you have to open yourself up to the risk of potential loss.

Through our fund partners we have access to 9,000 experts in 200 locations, and this global diversification approach aims to maximise your returns and reduce your risk. To decide what level of risk you are comfortable with, our online assessment will help you plan your investment. Factors to consider include the length of time you are wanting to invest for. If you are investing for the long term, you will have more time to ride out fluctuations in the market.

Once invested, you’ll also discover other benefits of being invested with us. Our award-winning technology helps you to set goals and track your investment. With impulseSave® you can top up your investment from £1 24/7 via desktop or mobile devices.

Transferring a Cash ISA to True Potential Investor is a quick and easy process. We won’t charge you any transfer fees, and you’ll be investing your money with the European Business of The Year. We have a decade of experience, and a 4.87 “amazing” overall rating on Smart Money People.

Don’t settle for the status quo and minimal growth offered by a Cash ISA. Do more with your money and transfer to our Stocks & Shares ISA today.

With investing, your capital is at risk. Investments can fluctuate in value and you may get back less than you invest. Past performance is not a guide to future performance. Tax rules can change at any time. This blog is not personal financial advice.

Personal Finance