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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: 10,325 Forumite
    Part of the Furniture 10,000 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
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