Help to buy ISA - Confused!

tiggs90

Hi All,

i have managed to confuse myself with setting up a help to buy ISA with Barclays online.

I have a cash ISA with Barclays with approx £6k in it.

I have not paid into this cash ISA this tax year (2017). I just setup the help to buy ISA yesterday and transferred £1000 from my cash ISA into this ISA.

I have cancelled my Standing Order into my old cash ISA.

I plan to put the maximum amount possible into the help to buy ISA each month so will setup a £200 SO to go in each month.

I have a couple of questions:

1) i believe i can put £1200 in the help to buy initially, can i just transfer another £200 to top up the initial amount to £1200?

2)It seems to read that the max i can possibly put into the ISA following that is £200 a month. Is this correct?

3) i believe i can keep my old cash ISA but i cant deposit any money in it?

I am a little worried i have messed up the setup of it but i cant see ant major mistakes.

Thanks for any replies.

Sean473

1/2: 1200 in 1st month with 200 max the months after
3. Yes