New to ISA

Zekko

vicky225 wrote: »

or would they calculate my interest earned to that point?

Yes, interest is calculated daily, but paid annually on the date specified in the accounts T's & C's.
If you close the account, they will pay all interest accrued up to that point.

innovate

vicky225 wrote: »

Also I have read some information about 'drip feeding' into an ISA. Once I have put in the initial £2000 should I be drip feeding the account every month or waiting until I can make another larger deposit?

Dripfeeding / "parking" your money in a normal savings account would only be better if

1. there is a limit on how often you can pay into your ISA (unlikely, if you choose an instant access ISA)
2. you have reached your annual ISA allowance
3. a savings account pays you better interest, after tax, than your ISA (unlikely, unless you choose a really bad ISA)