TD Waterhouse offers £75 cashback on ISA transfers

TD Waterhouse is offering a £75 cashback to investors who transfer their ISA plan from another provider before the end of August. It is available to both new and existing customers transferring Stocks-and-Shares ISAs and/or Cash ISAs from another provider into a TD Waterhouse Trading ISA.

To be eligible for the cashback payment, the ISA should have a plan value of £10,000 or more at the date of the transfer, and the application needs to be received by 31 August 2009. Investors are not limited to one payment, as the £75 cashback applies to separate plans transferred from different providers, as long as each plan has a balance of £10,000 or more.

In addition to the cashback, the transferring ISAs will also be eligible for TD Waterhouse's ongoing Zero Admin fee offer, which applies to ISAs with a balance in excess of £3,600.

The TD Waterhouse Trading ISA is a self select, stocks-and-shares ISA, which offers a wide range of investment choices including UK and international equities, both of which can be traded at the same rates with no mark-up for international stocks. TD Waterhouse also offers 0% Initial Sales Charge (ISC) on an extensive range of Funds, Unit Trusts and OEICS, and hundreds more with discounted ISCs ranging from 0.25% to 0.5%, most of these funds can be held within the tax efficient wrapper of an ISA.

Angus Rigby, CEO, TD Waterhouse comments: "Our ISA products offer investors a diverse range of investment options at competitive prices. With a TD Waterhouse Trading ISA investors are given complete control, whether they want to invest in UK or international equities, gilts, bonds, investment trusts, unit trusts, OEICs or exchange traded funds. The benefit of the Trading ISA is - as its name suggests - that an investor can trade any of the stocks or funds held using our online and telephone trading platforms."

TD Waterhouse is one of the UK's leading execution only brokers with trading rates starting from £9.95. Only 10 or more eligible trades per quarter are required to qualify for TD Waterhouse's frequent trader rates.

For more information about online trading or longer-term investment opportunities, visit tdwaterhouse.co.uk.