Fixed ISA maturity options

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BarGin
BarGin Posts: 952 Forumite
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in ISAs & tax-free savings
I have a 1 year fixed ISA with Shawbrook that will mature soon. I would like to reinvest the funds in another 1 year fix with the same bank and also open an easy access cash ISA elsewhere (Chip). Would I be allowed to do this?

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  • eskbanker
    eskbanker Posts: 31,450 Forumite
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    edited 3 May at 1:24PM
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    Yes, you'd have been allowed to do that last year too, but since the rule about not funding multiple ISAs (of the same type) concurrently has been scrapped, it's even more possible now!
  • Rodders53
    Rodders53 Posts: 2,187 Forumite
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    Yes that is allowed.
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