Mini cash ISA & Maxi with different providers ?

mrvolleyball

Hi

If I have a mini cash ISA with one provider can I open a maxi ISA with another in the same financial year ?
(So can I have max of £3000 in the cash ISA and another £4000 stocks/shares in the maxi one.)

Thanks

Kazza242

mrvolleyball wrote:

Hi

If I have a mini cash ISA with one provider can I open a maxi ISA with another in the same financial year ?
(So can I have max of £3000 in the cash ISA and another £4000 stocks/shares in the maxi one.)

Thanks

You can contribute to one mini cash ISA (£3,000) and also open a mini stocks and shares ISA (£4,000) in the same tax year.

If you open a Maxi ISA (£7,000), then you cannot contribute to a mini ISA (cash or stocks and shares) in the same tax year.

mrvolleyball

Thanks

And can both the mini cash isa and mini stocks and shares isa be with different providers.

Kazza242

mrvolleyball wrote:

Thanks

And can both the mini cash isa and mini stocks and shares isa be with different providers.

Yes, they can. There is nothing to stop you using different providers. In fact, I doubt I would consider opening my mini stocks & shares ISA with the same provider as my mini cash ISA.

mrvolleyball

Thanks for the help