Having a second ISA

Paul2327

At present I have a fixed 2 year ISA finishing this October, if I take out money I loose 180 days interest at 36% my question is

1/ can I open another ISA not a fixed
just an ordinary one with instant access 
2/ if I can open another ISA can I transfer money from my fixed to the new one without being charged a penalty,if I can is there a limit on the amount I can move , not on about the yearly amount you can put in , look forward to hear from you all.

surreysaver

36%? Do you mean 3.6%?

gravel_2

1) Yes.
2) there are at least two dependencies. a) you need to wait until your 2 year matures before transferring if you want to avoid the penalty. b) you need to ensure that the easy access ISA you open accepts transfers and doesn't put in place a limit on the amount you can transfer.