ISA Clarification

Reiki_Angel

I took our a cash ISA in March this year, purely because it was in a rubbish savings account...anway I know this is now a new tax year but can i still put £5100 into the existing ISA (for 2010) or do i have to open a brand new one for 2010
Thanks in advance

Lokolo

Its upto you. You can do one of the other.

Remember, you can deposit a further £5,100. The total limit can go over this. So if you had £1,000 in before. You can now deposit a further £5,100 totaling £6,100 in the ISA.

Voyager2002

Ask them. The answer is probably yes, but you are likely to do better with a new ISA.

Spiggle

You can pay it into the existing or subscribe to a new one - check your terms and conditions. Which option is best for you depends upon what interest rate and deal you got when you opened the account in March.