2 ISA payments to same account?

The_stingemeister

In April I paid into a Nationwide ISA the maximum amount for that time. Now (after July) can I top that up in the exact same account?

dzug1

When in April was the payment made?

Your_Hero

Assuming this was made on or after 6 April, it would depend on the provider and what deal you have chosen. If it was a fixed rate ISA then theres a good chance that you can't add to it anymore.

The_stingemeister

Money put in after April 6 2014 deadline, and not a fixed rate (was the Nationwide E Isa).

notbritishgas

The_stingemeister wrote: »

Money put in after April 6 2014 deadline, and not a fixed rate (was the Nationwide E Isa).

In that case it looks as if you can top it up to this years max of £15000.

Archi_Bald

Existing account holders can still pay into the Nationwide e-ISA but you should review the interest rate you get. "e-ISA" seems to be 1.75%, "e-ISA 6" a mere 1% (http://www.nationwide.co.uk/support/support-articles/rates-fees-charges/savings-rates)

It might make a lot more sense to save up the additional money in a good interest paying current account, and then make the ISA deposit at the very end of March 2015 (when a transfer of the entire ISA to a better one might also be on the cards).