Splitting my £20k allowance

Liverpoollollymaker

I know I can only open 1 cash ISA each year but if I have 2 open already with 2 different providers from previous years, can I put, say, £15k in one and 5k in the other in the same tax year.  You see, one is flexible and the other is not.

Albermarle

Liverpoollollymaker said:

I know I can only open 1 cash ISA each year but if I have 2 open already with 2 different providers from previous years, can I put, say, £15k in one and 5k in the other in the same tax year.  You see, one is flexible and the other is not.

You can open as many cash ISA's as you like in a tax year, and have as many as you like still open from previous years, but you can only add new money to one.
Suggest you read through the forum threads as it will help bring you up to speed with ISA rules.