Can I Pay In To More Than One Cash ISA In One Year?

Hi! This might be a stupid question. I was wondering if you are allowed to pay in to more than one cash ISA in one tax year but obviously not going over the £5100 limit between the two?

What happened is I opened a cash ISA in 09/10 and put money in that. This year I have opened a new cash ISA that is a much a better rate, but I cannot transfer my money from my old cash ISA to the new one, so I will have to keep open my old ISA and pay in to the new one. But I realised I have already put some money in my old cash ISA this year! Does this mean I cannot now pay money in to my new cash ISA now? Hope this makes sense.

Replies

This discussion has been closed.
Latest MSE News and Guides

Mortgage rates

What can you (or should you) do?

MSE News

Train strikes

Your refund rights explained

MSE News