Help to buy Isa and cash Isa from previous tax years

Jamesdut

I opened a help to buy Isa last tax year 2016/2017. I also have a cash Isa from a previous tax year. I want to continue putting £200 a month in my help to buy Isa this tax year. Can I put additional funds in my cash Isa not exceeding the limit of course. These two Isas are with different providers and are not wrapped. Also I have not opened a new cash Isa this tax year 2017/18. Thanks

Neil_Jones

Help To Buy is classed as a Cash ISA so if you put £200 monthly into it you can't contribute to another Cash ISA in the same year but you can into any of the other types.

That being said there are a few split ISA providers around that will do what you want but the rates on these tend to be lower than a straight H2B ISA.

With regards to the previous year's cash ISA(s), you can transfer them around until the cows come home. What do you mean by "they're not wrapped"?

isasmurf

Neil_Jones wrote: »

What do you mean by "they're not wrapped"?

I think he means they are not in what you've referred to as a split ISA (officially referred to as a Portfolio ISA).