edited 30 November -1 at 1:00AM in ISAs & Tax-free Savings
2 replies 701 views
I wonder if anyone has the answer to my question , I have a previous e isa with Santander which pays me 0.6 percent , I have not paid into this isa for this year but I have upgraded it from its previous rate of 0.5 percent online . I have just opened a isa for this year with Shawbrook Bank and have placed the full years allowance into the new isa at 1.3 percent . My question is can I hunt the market and open another isa in this tax year and just transfer my Santander amount to it to obtain a better rate , or would this break the isa rules about opening more than one isa in the tax year . I would not be adding further money to any of the isas this tax year thanks for your thoughts .
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