Confused about ISA pay-in dates

Kazza242

Or should I be opening the ISA with the £1950 I've already got available, and topping it up when the other £1050 appears?

I think opening the ISA with the £1950 you've already got is a safer plan of action than waiting until April 4th to deposit it plus your £1050.

We are very near the end of the tax year now, so do not hang around. Due to huge demand, First Direct may decide to close this years ISA to First Direct customers too and it's likely you won't receive advance warning of this. Then you would either have to deposit your money into an ISA with another provider or wait until the new tax year starts to open the First Direct 05/06 ISA.

If I were you, I would open the First Direct ISA while you still can with your initial £1950 deposit and then add the £1050 as soon as you can. Don't risk losing your 04/05 allowance, so act now.

Bargain_Rzl

Cheers Kazza242 - ISA is now sorted! (simple eh?)

Don't know why I didn't just do this in the first place...