firedog
Member of DD Central
Posts: 309
Likes: 385
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Post by firedog on Apr 3, 2024 7:41:44 GMT
Should have also added that you can fund your ISA by bank transfer once it's opened. Kuflink supplies bank details and a reference number when the IFISA is opened.
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Post by elephantrosie on Apr 3, 2024 7:45:18 GMT
thank you for the reply. i cannot see it on my page. wanted to fund IFISA before the end of tax year. Since I failed to do so, I shall park my cash in cash ISA and then transfer over.
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Post by overthehill on Apr 3, 2024 8:12:46 GMT
thank you for the reply. i cannot see it on my page. wanted to fund IFISA before the end of tax year. Since I failed to do so, I shall park my cash in cash ISA and then transfer over.
Kuflink is not a great place for ISA cash as it is not flexible and I think they have a charge for transferring out. Fine if you plan to keep the cash there for years. Their website is flaky and a dog's dinner so I'm not surprised you had problems.
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firedog
Member of DD Central
Posts: 309
Likes: 385
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Post by firedog on Apr 3, 2024 9:20:26 GMT
thank you for the reply. i cannot see it on my page. wanted to fund IFISA before the end of tax year. Since I failed to do so, I shall park my cash in cash ISA and then transfer over.
I think they have a charge for transferring out.
They don't.
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Post by mikec on Apr 4, 2024 10:36:39 GMT
I think they have a charge for transferring out.
They don't. Good to know they've dropped the charge. This tax year, I've been steadily pulling cash out of my Kuflink IFISA and spending or investing elsewhere. Not too a big a deal for me personally but it is always a shame to lose the 'tax free' status on any ISA investments.
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Post by overthehill on Apr 5, 2024 9:14:37 GMT
Last day of the tax year to save your ISA allowance on withdrawn funds in your P2P platforms. That is not Kuflink!
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Post by birdie on Apr 11, 2024 7:43:37 GMT
My recent experience of an ISA transfer from Kuflink to Aldermore turned out as very disappointing. Kuflink were very professional easy and efficient to deal with, on the other hand Aldermore were disorganised, disgraceful and unprofessional to say the least, needles to say the transfer never materialised. My ISA is now staying with Kuflink .
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Post by elephantrosie on Apr 12, 2024 16:00:38 GMT
thank you for the reply. i cannot see it on my page. wanted to fund IFISA before the end of tax year. Since I failed to do so, I shall park my cash in cash ISA and then transfer over.
Kuflink is not a great place for ISA cash as it is not flexible and I think they have a charge for transferring out. Fine if you plan to keep the cash there for years. Their website is flaky and a dog's dinner so I'm not surprised you had problems.
Cash ISA? Or do you mean IFISA? I do not think Kuflink has cash ISA.
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Post by overthehill on Apr 12, 2024 17:22:21 GMT
Kuflink is not a great place for ISA cash as it is not flexible and I think they have a charge for transferring out. Fine if you plan to keep the cash there for years. Their website is flaky and a dog's dinner so I'm not surprised you had problems.
Cash ISA? Or do you mean IFISA? I do not think Kuflink has cash ISA. IFISA cash.
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