Halifax Cash Isa query

backinbusiness

Hello. Had a look on the Halifax website but can't find the answer to this.

When the tax year ends, can I just start funding the Isa for the next year - does it keep the same sort code, etc and the balance accumulate?

Never had an Isa before - so not sure.

Thanks for your help.

Lokolo

Yes, you can just add another 5,100 (or whatever the limit will be)

backinbusiness

That was quick! Thanks for that.

opinions4u

Lokolo wrote: »

Yes, you can just add another 5,100 (or whatever the limit will be)

£5,340 for 6th April 2011.

When the tax year ends, can I just start funding the Isa for the next year

Yes. But keep an eye on the rate you are earning. If you have the Direct Reward it stops being a "Reward" after 12 months. So be pro-active in finding out what alternatives Halifax have or what is available elsewhere to avoid being stuck on a poor rate.