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ISA question
pennyfarthing66
Posts: 23 Forumite
I opened a 1 year fixed rate ISA with NatWest last July so it is due to mature this July. However, as the new tax year has just started and allowance reset to £20k, can I add into this fixed rate ISA for the remainder of it's term before the rate drops?
If so, can I do this only once or make multiple deposits? I know you can add anytime to an ordinary easy access but wasn't sure about fixed-rate.
Thanks.0
Comments
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I took the 2 year option last July. The funding window closed in early September 2023.
As they allow you to hold one ISA with them per tax year, you could open a new one at the current rate with your 24/25 allowance.1
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