Regular Savers & Tax Allowance

Saving

Hi All,

Couple of quick questions about Regular Savings accounts and Tax Allowances.

Having already placed £3600 into an ISA for a given year does it matter if you then take up a Tax Free Regular Savings account?

And leading on from that, can you have multiple Regular Saver Accounts?

Cheers

Lokolo

You can have as many regular savings accounts if you want.

Post a link to a tax free regular saver because I would think its actually an ISA, which means you cannot open it because you already have one this tax year.

Either that or its one of these 10 year things which I don't understand (usually done by Life Assurance companies)

Saving

Thanks Lokolo yeah you're right it's actually a Regular Saver ISA (First Direct).

Cheers