I opened an ISA with Dozens a few months ago, and have started receiving interest. However, on bidding on a new set of bonds this month, I find that the interest payments are paid into GIA. I was expecting to see an ISA account from which to invest from.
Why is this? Obviously we want our ISA accounts to grow so that we can reinvest tax free. But this suggests that should I max out my Dozens ISA with bonds, it’ll chuck out all my interest into GIA, and my ISA value will still be £20k.