We’d like to remind Forumites to please avoid political debate on the Forum.
This is to keep it a safe and useful space for MoneySaving discussions. Threads that are – or become – political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.
📨 Have you signed up to the Forum's new Email Digest yet? Get a selection of trending threads sent straight to your inbox daily, weekly or monthly!
The Forum now has a brand new text editor, adding a bunch of handy features to use when creating posts. Read more in our how-to guide
Splitting my £20k allowance
Liverpoollollymaker
Posts: 1 Newbie
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.
0
Comments
-
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.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.
Suggest you read through the forum threads as it will help bring you up to speed with ISA rules.2
Confirm your email address to Create Threads and Reply
Categories
- All Categories
- 353.6K Banking & Borrowing
- 254.2K Reduce Debt & Boost Income
- 455.1K Spending & Discounts
- 246.7K Work, Benefits & Business
- 603K Mortgages, Homes & Bills
- 178.1K Life & Family
- 260.7K Travel & Transport
- 1.5M Hobbies & Leisure
- 16K Discuss & Feedback
- 37.7K Read-Only Boards