Can I have separate cash and S&S ISAs?

Wobblydeb

I already have a First Direct cash ISA for 2009/10, and now want to start investing in shares too.

Can I open a separate shares ISA with another provider this year (iii is favourite at the moment) or does it have to be with First Direct?

Thank you!

RayWolfe

You can have them from different providers ... most people do!

Baldur

As RayWolfe says, you can have your Cash & S&S ISAs with whomever you wish.

If you have contributed the full £3,600 to your Cash ISA, you have another £3,600 allowance to contribute to an S&S ISA (assuming that you are under 50 - otherwise your overall allowance will be higher after 6th October)

Wobblydeb

Thank you both! I'm off to apply to iii now.....