We’d like to remind Forumites to please avoid political debate on the Forum.

This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

The MSE Forum Team would like to wish you all a Merry Christmas. However, we know this time of year can be difficult for some. If you're struggling during the festive period, here's a list of organisations that might be able to help
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
Has MSE helped you to save or reclaim money this year? Share your 2025 MoneySaving success stories!

Paid into 2 ISA’s

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;

Comments

  • masonic
    masonic Posts: 28,489 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Which ISA did you fund first in this tax year? Is your other cash ISA flexible?
  • Alexland
    Alexland Posts: 10,487 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    Are both your ISAs with the same provider in which case it may be allowed if they offer a Split Cash ISA?
This discussion has been closed.
Meet your Ambassadors

🚀 Getting Started

Hi new member!

Our Getting Started Guide will help you get the most out of the Forum

Categories

  • All Categories
  • 352.9K Banking & Borrowing
  • 253.9K Reduce Debt & Boost Income
  • 454.7K Spending & Discounts
  • 246K Work, Benefits & Business
  • 602.1K Mortgages, Homes & Bills
  • 177.8K Life & Family
  • 259.9K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16K Discuss & Feedback
  • 37.7K Read-Only Boards

Is this how you want to be seen?

We see you are using a default avatar. It takes only a few seconds to pick a picture.