Transferring your ISA to Tembo takes you 5-minutes to initiate, but it will take us longer behind the scenes to arrange for the funds to be moved.
Typically, transferring a Cash ISA to a Tembo Cash ISA takes up to 14 working days. Transferring a Fixed Rate ISA to a Tembo Fixed Rate ISA takes up to 15 days. For Lifetime ISAs, we ask for 2-6 weeks, but it's very rare it would take the full 6-weeks and can be as short as 5-days.
A question we often get from people considering making a transfer, is whether they'll be earning interest during the transfer period.
You'll earn interest with the old provider up until the day they transfer the funds, and begin earning interest with the new provider once the money lands in your ISA. If that happens overnight, there could possibly be one day that you're not earning interest, but it certainly wouldn't be for the full period!