Does a transfer count as paying in?

confusedfreelancer

I recently opened a fixed rate cash ISA with nationwide and transferred in money held in an old nationwide cash ISA. I didn't add any new money not already in an ISA account.

Am I allowed to open another cash ISA with another provider this year?

Doctor_Who

All I allowed to open another cash ISA with another provider this year?

You can open as many cash ISAs as you like for the purposes of transferring previous years' subscriptions. You can only open and fund (add new money) one cash ISA per tax year. So yes, you can open another cash ISA and use this for your ISA allowance this tax year. 

Albermarle

confusedfreelancer said:

I recently opened a fixed rate cash ISA with nationwide and transferred in money held in an old nationwide cash ISA. I didn't add any new money not already in an ISA account.

Am I allowed to open another cash ISA with another provider this year?

If you scroll through the forum, you will see many questions and answers on very similar subjects.

It is a good way to get up to speed.