Stocks and Shares ISA

SavingStudent1

Albermarle said:

 Have a Halifax ISA this year and the next year open a new ISA with Vanguard but put £10k into that in 2022 and put £10k into my Halifax ISA in 2022, so split the 20k allowance over two different ISAs?

Only if they were different types of ISA . You could not contribute new money to two different S&S ISA's in one year.

Do not forget though that the important issue is what investments you buy in the ISA . If you want to diversify your investments you should be able to do that within one iSA .

 Online platform, banks generally charge more for a restricted choice.

I would agree with this generally , but most banks have an online platform offering, so it is not so clear cut .

Plus some of these are getting more competitive nowadays , like the HSBC S&S ISA ( as one example ) 

Oh I see, that makes sense - so this sort of downplays the idea of having multiple cash ISAs I guess, since you can only contribute new money in one of them each tax year?

Okay, I understand - with S&S ISAs, the investments you want to make can be done with the one provider you created the account with mostly, so you don't necessarily need to have multiple ones.

Oh yes, I've looked at the HSBC ISA.