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What will happen to cash held in a Vantage Stocks & Shares ISA?

cash held ISA Shares stocks Vantage
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What will happen to cash held in a Vantage Stocks & Shares ISA?

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Within each Vantage account cash is held in two separate cash management accounts, the Income account and the Capital account. Any dividends or tax credits you receive are paid into your Income account. Any other payments you make into your Vantage account are held on the Capital account. The Vantage Stocks & Shares ISA Income account can be set up to treat income received in one of three ways: • Reinvestment: Income will be held within your Income Account and accumulated until it exceeds £50 per holding for Unit Trusts/OEICs and £200 per holding for other investments, when it will be automatically reinvested. We will do this within 10 working days of the end of each month. • Deposit: Income will be held on your Capital Account pending your further investment instructions. • Pay out an Income: Income will be held temporarily within your income account and then paid out directly to a nominated bank/building society account. This payment will be made within 10 working days of the end of

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