Help to buy and old Cash ISAs

gzo450580

Hi,

I am planning on getting a Help to Buy ISA (£3400 deposit for this tax year) and putting the rest of my allowance into a stocks and shares ISA (£11,840).

Separately, I have money in old cash ISAs. They are on fixed rates and when these rates expire during this tax year, I will be keen to transfer these funds into a fresh cash ISA. Am I able to open a fresh cash ISA (for the old ISA money - no additional funds added in this tax year) or will doing so mean that I can't go for the Help to Buy ISA?

Thanks in advance!

Ryan

Archi_Bald

If you want a HTB ISA, you should not pay new money into any other cash ISA. Save your money in interest paying current accounts (TSB, Nationwide, Lloyds, Santander, BOS)

gzo450580

Thanks for this. I wouldn't plan to add any new money to the cash ISA, but just want to know if I can transfer old ISA money into a new cash ISA.