CHIP cash ISA

Digital_Payback

Does anyone know if I can sign up / open a flexible 5.10% CHIP Cash ISA now, and not fund it until after April 6th, or do I have to fund it with at least £1 (which I don’t want to do). 

I can’t seem to have that clarified anywhere.
Thanks.  

eskbanker

There doesn't seem to be anything in the product documentation which specifies that the account must be funded within n days, so I don't see how they can enforce any such limit....

Zaul22

Almost all ISAs seem to purposely avoid specifying the funding window, as if they want to stop people doing exactly that. 

gravel_2

Based on the withdrawal rules it looks like the will only close your account if you have a zero balance for 6 months or more.

MrFlick

I think you have 30 days from when you opened the isa to fund it. so you can open it now and fund it in the new tax year 6th April. I have recently opened a cash isa from Chip to do this and will not fund it until the new tax year starts. it seems to me that they ask if you have funded a cash isa  already just to make sure that you dont mistakenly add this new money against current ISA rules that will change new tax year