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HSBC unused ISA vs new ISA

Hi,

I've got an old ISA with HSBC, opened a while ago. I don't use it now, have put no money into it since April and it is in fact empty!

I did try to close it but HSBC were really awkward about it, wanting to know my reasons etc. .1% rate might have had something to do with it :doh:

As a Nationwide account holder, I now want to open an ISA for this year with them.

At the risk of asking a daft question - can I simply go ahead and open this new ISA with Nationwide, and do nothing about the dormant, empty HSBC one?

Thanks all :D

Comments

  • jem16
    jem16 Posts: 19,724 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    homehunter wrote: »

    At the risk of asking a daft question - can I simply go ahead and open this new ISA with Nationwide, and do nothing about the dormant, empty HSBC one?

    Thanks all :D

    As you have not paid into the HSBC one this tax year you can open a new ISA with whomever you choose. Just ignore the HSBC one.
  • homehunter
    homehunter Posts: 173 Forumite
    Ah, thanks! most kind. :T
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