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ISA allowance split

Evening everyone,

Just looking at different ISA options and I know the £20,000 allowance can be split between different ISAs. I was wondering whether you could divide your allowance between 3 different ISAs (I'm looking at simple cash ISA, lifetime cash ISA and stocks+shares ISA)?

Thanks for your help!

Comments

  • You can do, but why do you want to bother with the cash ISA? For most people they are not worth it.
  • ChasBAX92 said:
    Evening everyone,

    Just looking at different ISA options and I know the £20,000 allowance can be split between different ISAs. I was wondering whether you could divide your allowance between 3 different ISAs (I'm looking at simple cash ISA, lifetime cash ISA and stocks+shares ISA)?

    Thanks for your help!
    Yes that would be fine as they are all different types - although LISA is limited to £4,000.


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