{"id":578253,"date":"2026-06-26T11:30:31","date_gmt":"2026-06-26T10:30:31","guid":{"rendered":"https:\/\/www.finder.com\/uk\/?p=578253"},"modified":"2026-06-26T11:32:14","modified_gmt":"2026-06-26T10:32:14","slug":"cash-isa-transfer-bonuses","status":"publish","type":"post","link":"https:\/\/www.finder.com\/uk\/savings-accounts\/cash-isa-transfer-bonuses","title":{"rendered":"How to get a Cash ISA transfer bonus"},"content":{"rendered":"

Regularly checking whether your cash ISA is paying the best interest rate is a slightly tedious yet important task. <\/p>

But if a more competitive interest rate isn’t enough of an incentive to make the switch to a new account (which it should be!), a tasty cash bonus for making the move might give you the extra push.<\/p>

In fact, several cash ISA providers offer cash bonuses of a few hundred pounds, and some stretch this even further.<\/p>

How to get a bonus<\/h3>

The best way to find a cash ISA that offers a transfer bonus is to scan comparison sites like Finder, or head directly to savings providers’ websites to see what they offer. Even a quick search on Google might bring up options for you to explore – though remember to check whether the deals are still valid. <\/p>

Each provider might have slightly different qualifying requirements for obtaining the bonus so read through the terms and conditions carefully. Some cash ISAs might require you to have a current account with the same provider. <\/p>

How the transfer process works<\/h3>

To get your cash ISA bonus, you will need to transfer an existing cash ISA balance across to the new account. To do this, you must use the ISA transfer service which typically involves completing the provider’s transfer form.<\/p>

If you are opening a new cash ISA you will usually be asked during the application process if you wish to transfer funds in from an existing ISA and you can then complete the transfer form online. If you already have a cash ISA with the provider and want to transfer funds from another cash ISA, you will need to contact the provider to tell them. <\/p>

Make sure you have checked how much you need to transfer across to qualify for the bonus and also be aware that you can’t usually transfer funds from a cash ISA with the same provider. <\/p>

Issues you need to be aware of<\/h3>

One of the biggest watch outs with cash ISA transfer bonuses is that you usually need to transfer a large sum of money to get the most cashback. Bonus amounts are often tiered and the more you transfer, the more you earn back.<\/p>

In some cases, you’ll need to transfer the full ISA allowance of \u00a320,000 to qualify at all, while to get the largest sums of cash, your transfer will often need to be \u00a3150,000 to \u00a3200,000 – which won’t be achievable for a lot of us!<\/p>

You should also consider the rate of interest paid on your new cash ISA. After all, there’s little point transferring a cash ISA just for the bonus if the actual interest rate is a lot lower than your current ISA pays. Yes, you might earn \u00a3150 for doing so, but you could lose a lot more than that in interest. Similarly, check what type of cash ISA qualifies – if you can only transfer to a fixed rate cash ISA but need access to your money, this won’t be a good option. <\/p>

It’s also important to ensure you transfer your cash ISA properly. Withdrawing the cash yourself and depositing it into a new account won’t count – your money will also lose its tax-free status. So make sure you follow the provider’s requirements and fill out a transfer form correctly. <\/p>

Bottom line<\/h3>

There are often many tempting cash ISA bonuses on the market but before getting sucked in, it’s essential to check whether transferring to a new cash ISA is worth it.<\/p>

Consider whether the account you’re moving to pays a competitive rate of interest and whether there are any restrictions on the type of cash ISA you can transfer to. Also keep in mind that bonuses are often tiered, with the highest bonuses requiring you to transfer a large amount of money which might not always be possible. <\/p>

However, if you’re happy with the conditions of the transfer and have found a suitable cash ISA to move to, you could end up with a sizable sum of cashback as a reward.<\/p>

Frequently asked questions<\/h3>