CASH ISA QUESTION
First question on here so be kind.....
Lucky enough to have a long long standing cash ISA that in its current form matures again in October 23 & will then have circa £93k in it so yes will now be over the £85K max I am covered for in a single cash ISA.
I did take out a new 1 year fixed ISA in April 23 & put in it the now max £20K.
So question is can I open another cash ISA either fixed or easy access in October23 , to put just the the circa £8k ISA savings into to avoid having over £85K in there .
Or am I stuck that I would have to either run a risk on the £8k in taking out another fixed term ISA, or moving the £8k out of an ISA savings plan till a new tax year starts in April 24?
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