CASH ISA,s

I am planning to show the money I have in lloyds TSB cash ISA,s for maintenance funds .Is it acceptable since ISA is an individual savings account.

Thank You

Yes, as long as they are instant access types (though how they will find that out I dont know).

I have used that, and have been approved.

ISA is acceptable for maintenance funds..

positivesolitude wrote:I am planning to show the money I have in lloyds TSB cash ISA,s for maintenance funds .Is it acceptable since ISA is an individual savings account.

Thank You

patni wrote:Yes, as long as they are instant access types (though how they will find that out I dont know).

I have used that, and have been approved.

Just to clarify, it does not need to be instant access. The rules in the guidance booklet states that notice accounts are acceptable too.

What will probably be not acceptable is anything that says "bond" will probably be not acceptable. This might include "saving bonds", even when there is like a notice period to withdraw the funds.

positivesolitude wrote:I am planning to show the money I have in lloyds TSB cash ISA,s for maintenance funds .Is it acceptable since ISA is an individual savings account.

Thank You

Tier1(g) guidance form (page 35) states the following:

199. The evidence of maintenance must be of cash funds in the bank (this includes savings accounts and current accounts even when notice must be given), loan or official financial or government sponsorship available to the applicant. Other accounts or financial instruments such as shares, bonds, pension funds etc, regardless of notice period, are not acceptable.

positivesolitude wrote:I am planning to show the money I have in lloyds TSB cash ISA,s for maintenance funds .Is it acceptable since ISA is an individual savings account.

Thank You

Yes. ISA's are accepted.