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.

📨 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!

aldermore bank isa limit question

for the aldermore fixed rate 1yr isa the info states ...• The maximum deposit for this account is the 2018/2019 ISA allowance of £20,000. In addition or alternatively, you may
transfer existing ISAs from other providers into this account, up to the amount held.

Does this mean that the maximum i can have in that isa account is £20,000.
thank you.

Comments

  • ColdIron
    ColdIron Posts: 9,954 Forumite
    Part of the Furniture 1,000 Posts Hung up my suit! Name Dropper
    Seems very plain. You can add £20,000 of new money this tax year and in addition can transfer any amount from existing accounts funded from previous years
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
  • 351.7K Banking & Borrowing
  • 253.4K Reduce Debt & Boost Income
  • 454K Spending & Discounts
  • 244.7K Work, Benefits & Business
  • 600.1K Mortgages, Homes & Bills
  • 177.3K Life & Family
  • 258.3K Travel & Transport
  • 1.5M Hobbies & Leisure
  • 16.2K Discuss & Feedback
  • 37.6K 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.