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Opening more than one ISA for the Current Tax Year
simpleguy_blr
Posts: 154 Forumite
Hi
I applied for an HSBC-eISA for this tax year, as initially I was not sure if it would go through hence ended up opening an A&L Direct ISA as well.
Both ISA application were successful.
As I bank with HSBC, I prefer HSBC account for convenience, and have gone ahead and deposited some money into this account.
I have not made any payments into the A&L account as I am aware that I can hold only one account. Leaving this account open will it cause any problems?
Do I need to call up A&L and inform that they can close this account or since I have not made any payments will they close it on their own?
Please suggest.
Regards
I applied for an HSBC-eISA for this tax year, as initially I was not sure if it would go through hence ended up opening an A&L Direct ISA as well.
Both ISA application were successful.
As I bank with HSBC, I prefer HSBC account for convenience, and have gone ahead and deposited some money into this account.
I have not made any payments into the A&L account as I am aware that I can hold only one account. Leaving this account open will it cause any problems?
Do I need to call up A&L and inform that they can close this account or since I have not made any payments will they close it on their own?
Please suggest.
Regards
0
Comments
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I have just done some research into this and as long as you only pay new money into one of them, you can apply for as many as you like.
See this thread, post #189 onwards
http://forums.moneysavingexpert.com/showthread.html?t=727139&page=100
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