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Review of the AA, Fixed Rate ISA:

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Beware onerous terms and conditions for their ISA's

All ISA providers I have used allow you to open multiple ISA's over different tax years, and when one matures you can move that ISA to another provider, should you wish, leaving the other ISA product to run its course. Well, with AA that's not the case. They move your expired ISA to a holding account earning a derisory amount of interest, then refuse to let you move it to another ISA provider, until all your other ISA's with the AA have matured, unless you want to pay a penalty !! Just use another ISA provider and give the AA a wide berth. Reviewed on: 29th July 2021

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