You can make as many instant-access withdrawals from your Tembo Cash ISA as you would like. We don't set an annual limit, or penalise you for making withdrawals.
Be aware that withdrawing the money and then depositing it again at a later date may impact your ISA allowance - meaning the ‘same’ money could be counted twice towards your annual ISA limit of £20,000. This is because the Tembo Cash ISA is not a ‘flexible’ ISA.
If you’ve already met the £20,000 ISA limit for this tax year, you won’t be able to deposit any more money into the account, even if you withdraw all your funds from the account within the same tax year.
Tax treatment depends on individual circumstances and may be subject to change in the future. Instant access means same-day withdrawals where the request is received before 2pm, otherwise next working-day.