In case you want to transfer your Cash ISA account out of Plum, you need to initiate the process with your new provider. Your new provider may ask for the following details:
Product Provider: Saveable Limited (FCA: 739214)
Investment Account Number: Please use your National Insurance number as your account/reference number.
Once you complete the process with your new provider, they should initiate the transfer process on their side and your new provider will inform us accordingly about the technical procedures.
Please note that in case of a full transfer out of your Cash ISA to another provider, the interest rate for the remaining amount in Plum will be set to 2.5% VAR.
Partial Transfer outs do not affect your Bonus and Main Rate, as long as the remaining balance is above GBP 100.
If you close your Cash ISA with Plum and/or fully Transfer Out within the 12 month period after opening your Cash ISA account with Plum you will lose your bonus and forfeit any interest earned that month.
For example:
Transfer Out Requested on December 20th.
Interest for November has accrued but has not been credited yet.
You lose your bonus and forfeit any interest earned during December.
We will send the interest for November as a residual payment to your new provider at the end of December.