Hello, As long as you stick to the same account, all characters will transfer. Currently, you are able to use the [b][url=https://www.destinythegame.com/digital-upgrade]Digital Upgrade Program[/url][/b] to transfer your DLC from last gen. [b]The Taken King is not included in this offer.[/b] Any Pre-Order content, or items redeemed by codes are linked to the console that they were used on. Learn More Here: https://www.bungie.net/7_I-played-Destiny-on-last-gen-and-switched-to-curre/en/Help/Article/12233 You can also go back to last-gen.

Hey Dragoon, All characters and progression will transfer. However, collectors edition items like the frontier shell, Valkyrie ship and the blacksmith shader [b]will not.[/b] As far as DLC transfer goes, both The Dark Below and House Of Wolves will make their way over. The Taken King, however, will not. If you purchase it on the PS3, you'll need to purchase it [i]again[/i] on the PS4.