Paid into 2 ISA’s 20 June 2018 at 8:33PM edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings 2 replies 626 views

Joshln94

Hi guys,
So I have a help to buy ISA (since Dec 17) and a normal savings ISA (since about 2013/4)

I’ve been putting in the max monthly payments into my H2B ISA, however I mistakenly transferred some money into my normal savings ISA which I haven’t used for a couple years last month to make sure I didn’t spend it.
Unknowingly to myself I didn’t know you can’t use two ISA’s in the same financial year !!!129318;!!!127995;!!!8205;!!!9794;!!!65039;

I’m wondering if anyone knows what will happen. I’ve heard I won’t be able to put any money into my H2B for this financial year over a stupid genuine mistake.

Thanks !!!128512;

masonic

Which ISA did you fund first in this tax year? Is your other cash ISA flexible?

Alexland

Are both your ISAs with the same provider in which case it may be allowed if they offer a Split Cash ISA?