cash isa help

toffeeb

Can anyone please tell me if i can open an ISA now & then another one after the 6/4/12?

droopsnoot

I believe you can, as long as you haven't already paid into a cash ISA in the 2011/2012 tax year.

badger09

toffeeb wrote: »

Can anyone please tell me if i can open an ISA now & then another one after the 6/4/12?

Assuming
a) you're talking about cash ISAs
b) you haven't paid any money into a cash ISA since 6th April 2011

then the theoretical answer is yes

Theoretical, because you have left it very late to open one for this tax year :eek:. You could have a look at some of the banks' websites TONIGHT, but you may already be too late. Failing that, my advice would be to open an instant access ISA at a branch of any high street bank tomorrow. Hand in as much of the £5340 as you can afford, then when the dust settles, you can transfer if you see a better rate elsewhere.

From 6th April, you can either add to your shiny new ISA or open another one.