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So sorry if you've heard it all before!

Can someone clarify the rules on ISA's for me?

I have a £9k Tessa-only ISA with the Yorkshire BS and have a regular £100 a month into a Norwich Union (mini? ISA.

Under the rules of ISA's, how much can I put in before the early April deadline and do I have to put it into the existing Norwich Union one or can I take out a further ISA somewhere else? Any recommendations?

So confusing! So little time to get to grips with it all!
Thanks in advance

Comments

  • blinko
    blinko Posts: 2,523 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    you have an annual allowance of 3k a year this can be with any provider, next year you have another 3k again with any provider and so on so whichever contributions so Once you have invested in just one mini Isa component (an Isa cash account, for example) you are committed to this route for the whole of that tax year
  • pna1
    pna1 Posts: 21 Forumite
    Much obliged.
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