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Can I open a new isa?

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2heartsx
2heartsx Posts: 36 Forumite
in Savings & investments
I have a Isa with Barclays I don't use it and it's got no money in it I have paid into it but that was a few months ago I have a account with Halifax and want to open a isa with them would I be able to?

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  • jimjames
    jimjames Posts: 18,584 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Not if you've paid into your existing isa this tax year.

    Are you aware that rates outside ISAs are far better for small amounts of money?
    Remember the saying: if it looks too good to be true it almost certainly is.
  • Vortigern
    Vortigern Posts: 3,302 Forumite
    Part of the Furniture 1,000 Posts Photogenic Name Dropper
    2heartsx wrote: »
    I have a Isa with Barclays I don't use it and it's got no money in it I have paid into it but that was a few months ago I have a account with Halifax and want to open a isa with them would I be able to?
    When exactly did you last pay money in to your Barclays ISA?

    How much do you want to pay into a Halifax ISA? It may not be worth your while.
  • 2heartsx
    2heartsx Posts: 36 Forumite
    jimjames wrote: »
    Not if you've paid into your existing isa this tax year.

    Are you aware that rates outside ISAs are far better for small amounts of money?

    What would you suggest?
  • colsten
    colsten Posts: 17,597 Forumite
    10,000 Posts Seventh Anniversary Photogenic Name Dropper
    2heartsx wrote: »
    What would you suggest?

    If you can answer the questions you have been asked, people will be able to make sensible suggestions.
This discussion has been closed.
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