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Can I put money into money box isa ?
madfistbt
Posts: 27 Forumite
Hello, I topped up my isa stocks and shares with interactive investor with 9k in april. For the remaining 11k does it have to be with interactive investor? Or can i put it into a cash isa with money box? Thanks
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Comments
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The rule is that you can pay new money into one ISA of each type in any tax year so you can fund a cash ISA as well as your S&S one.1
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You can pay the remaining £11K of your annual allowance into a cash ISA, yes, but it doesn't look to me like Moneybox offer one? They have a cash Lifetime ISA but that's not classified as a cash ISA as such (it's categorised as a Lifetime ISA) and so has eligibility (under 40), contribution (£4K/year) and some withdrawal restrictions....madfistbt said:
oh cool so i can put 11k in money box then before April!?eskbanker said:The rule is that you can pay new money into one ISA of each type in any tax year so you can fund a cash ISA as well as your S&S one.0
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