Barclays Flexible Fixed Rate Cash ISA – Issue 51 & 52 help please.

sparkiemalarkie

Hello I have read through the t&c of both of these Fixed Rate accounts and it seems that these accounts can accept an additional deposit each new tax year. Am I right or am I missing something?

From specific product information "Deposits up to the annual ISA subscription limit* each tax year may be made throughout the term of the Flexible Cash ISA."

tia

sx

[Deleted User]

Hi,

you are allowed to put £20k into an Isa each tax year, so if you were to deposit now you would need to wait until 6h April next year to add more.

sparkiemalarkie

Thank you- that's unusual, from my experience, to be able to add to a fixed rate ISA past the initial funding window.

sx

ps I have edited my title to reflect that these are fixed rates

[Deleted User]

Hi,

ah, that's different, with a fixed rate probably only allowed a few weeks from initial deposit.

drphila

Think it applies to fixed rate products, I've done it previously with  Barclays

refluxer

Yes, you can continue to add to a Barclays Fixed Rate Flexible ISA though-out the duration of the term which is indeed unusual for a fixed rate ISA, which normally has a limited funding window.

sparkiemalarkie

refluxer said:

Yes, you can continue to add to a Barclays Fixed Rate Flexible ISA though-out the duration of the term which is indeed unusual for a fixed rate ISA, which normally has a limited funding window.

I understand that it needs to be a new subscription rather than a transfer in.... any opinions on this?

refluxer

sparkiemalarkie said:

refluxer said:

Yes, you can continue to add to a Barclays Fixed Rate Flexible ISA though-out the duration of the term which is indeed unusual for a fixed rate ISA, which normally has a limited funding window.

I understand that it needs to be a new subscription rather than a transfer in.... any opinions on this?

Yes, I think you can transfer in within the first month and then it's new subscriptions only after that. Check the T&C's though as all this information is in there - it's been a while since I last read them.