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Split ISA Accounts/Allowance
TA1990
Posts: 6 Forumite
Hiya
I bank with Nationwide, who allow me to split my ISA allowance between a Cash ISA and a Help to Buy ISA. I'm looking at opening a Lifetime ISA with Moneybox, but I didn't think you could contribute to more than one ISA provider in a tax year. Has anyone else done this? Will it cause me any problems opening a Lifetime ISA with Moneybox?
Thanks!
I bank with Nationwide, who allow me to split my ISA allowance between a Cash ISA and a Help to Buy ISA. I'm looking at opening a Lifetime ISA with Moneybox, but I didn't think you could contribute to more than one ISA provider in a tax year. Has anyone else done this? Will it cause me any problems opening a Lifetime ISA with Moneybox?
Thanks!
0
Comments
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You are allowed to fund a Lifetime ISA with Moneybox while concurrently paying into cash ISAs with Nationwide, as they're different types.
https://www.gov.uk/individual-savings-accounts:There are 4 types of ISA:- cash ISAs
- stocks and shares ISAs
- innovative finance ISAs
- Lifetime ISAs
0 -
Perfect! Thank you
0
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