So confused - multiple cash isa provider

WelshGlyndwr

I have opened a cash isa already with shawbrook this year. But want to open another one. Where do i find a list of providers that will let me open cash isa even if i have one with another provider?

PeskyBlunder

Under the new rules you can open other ISAs with any provider (subject to the total annual £20k limit).

Mark_d

Nationwide, YBS, Skipton

WelshGlyndwr

PeskyBlunder said:

Under the new rules you can open other ISAs with any provider (subject to the total annual £20k limit).

i've asked multiple providers this today e.g paragon or oak north and they have said no.

masonic

WelshGlyndwr said:

PeskyBlunder said:

Under the new rules you can open other ISAs with any provider (subject to the total annual £20k limit).

i've asked multiple providers this today e.g paragon or oak north and they have said no.

They are not at liberty to say no. Any attempt to dictate your relationship with one of their competitors is unfair and unenforceable.

Barkin

WelshGlyndwr said:

PeskyBlunder said:

Under the new rules you can open other ISAs with any provider (subject to the total annual £20k limit).

i've asked multiple providers this today e.g paragon or oak north and they have said no.

I wouldn't ask - I'd just do it. 

DiamondLil

WelshGlyndwr said:

PeskyBlunder said:

Under the new rules you can open other ISAs with any provider (subject to the total annual £20k limit).

i've asked multiple providers this today e.g paragon or oak north and they have said no.

No need to ask - just open another ISA with whichever provider you want to.

I opened another ISA in April with a different provider to those I already have ISAs with and didn't ask anyone's permission.

RetSol

WelshGlyndwr said:

PeskyBlunder said:

Under the new rules you can open other ISAs with any provider (subject to the total annual £20k limit).

i've asked multiple providers this today e.g paragon or oak north and they have said no.

I have read Paragon's ts and cs and they do not do not even purport to impose a restriction on subscribing to an ISA with another provider!

Neither, for example, do Virgin Money, Barclays or Shawbrook, AFAIK. 

jimjames

WelshGlyndwr said:

PeskyBlunder said:

Under the new rules you can open other ISAs with any provider (subject to the total annual £20k limit).

i've asked multiple providers this today e.g paragon or oak north and they have said no.

You don't need to ask. All providers have to allow this service even if they don't think they do. It's exactly the same as opening a S&S ISA elsewhere and still opening a cash ISA, they can't do anything about it and have no need to know what you do with the remainder of your allowance.