Nationwide sets out ISA rules as 'this will keep your money tax-free'

Nationwide Building Society has explained its regulations regarding ISAs. The group has provided clarity after an enquiry from a customer about transferring their ISA savings .

The customer said that their easy access ISA had recently matured and they had set up another account of the same type with Nationwide. They asked: "Can I just use the transfer button to move the matured cash ISA to the new cash ISA, and still be within the tax bubble?"

ISAs offer the benefit that all your interest earnings or investment growth in the account remains tax-free. You can pay up to £20,000 each tax year into ISAs without paying any tax on your earnings.

You can also move your ISA savings to another provider and, provided y

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