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Quick Cash ISA help

davidb881
davidb881 Posts: 37 Forumite
in Savings & investments
Hello,

Can I start a cash ISA now before the dead line with a small amount and then say top it up to the full allocation in April and also start a new one in April?

Thanks

Comments

  • Lokolo
    Lokolo Posts: 20,861 Forumite
    Part of the Furniture 10,000 Posts
    top it up to the full allocation in April* by April 5th. Yes, then open new one on April 6th.
  • davidb881
    davidb881 Posts: 37 Forumite
    Lokolo wrote: »
    top it up to the full allocation in April* by April 5th. Yes, then open new one on April 6th.

    I am probably not going to have the money until mid April for topping up.. So I will just start one then.

    Thanks
  • littlemrtinkle
    littlemrtinkle Posts: 680 Forumite
    as lokolo said. Money must be placed in isa before 5th april to come out of this years allowance.
    Mortgage Start jun 2007 £88500 Outstanding Balance £51000
    Overpayments 2007 Nil 2008 £1040 2009 £7853 2010 £10000 2011 aiming for £18000 (6k so far)
    The Early Bird Gets the Worm, but the Second Mouse Gets the Cheese!!
  • malik999
    malik999 Posts: 376 Forumite
    davidb881 wrote: »
    I am probably not going to have the money until mid April for topping up.. So I will just start one then.

    Thanks

    David youre better off putting whatever you have at the moment into a ISA now before 5th April. Then in April or anytime before April 5th 2010 you open another ISA.
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