2 cash ISA's with same provider

Just wondering if there is anything really wrong about this?
A week or so ago i opened a Virgin ISA and started a transfer, (its still in progress). The ISA transferring in is only previous years contributions.
Today i opened a second Virgin ISA and started another transfer. This ISA transferring has both previous years and current years contributions.
I understand it probably doesn't make much sense to have 2 cash Isas at the same bank. The only way to transfer a second ISA into the initial Virgin one was to send a paper form, so i thought it easier to open a second Virgin ISA and arrange transfer during opening process.


  • masonicmasonic Forumite
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    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    Nothing wrong with this. Sometimes it makes sense to have more than one, for example fixed term ISAs or a mixture of fixed and easy access.
  • AlbermarleAlbermarle Forumite
    16.5K Posts
    10,000 Posts Fourth Anniversary Name Dropper
    Nothing wrong with this.
  • edited 5 November 2022 at 9:34AM
    ShedmanShedman Forumite
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    edited 5 November 2022 at 9:34AM
    Interesting as I was on chat earlier and was told you couldn't have 2 exclusive flexi ISAs.   But then the Chat Agent didn't exactly inspire confidence in their knowledge..surprise surprise.
    I'll give a go as don't want to go through the paper submission palaver to transfer into the existing one. It'll be handier having two anyway in case I want to transfer one to a fix ISA or to an S&S Isa at some point.

    EDIT:   seems to have worked OK.  Two Exclusive Flexi ISA 2 now showing on the account.
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