Providers that allow you to hold multiple ISAs within the same tax year

GlasgowExpat2

I have a fixed term bond maturity shortly and want to put the money into an ISA. I have already invested £7k with Aldermore. I’ve tried to open ISAs with Newcastle and WestBrom but they both ask the question “have you already invested in an ISA for this tax year” and if you answer yes it says you have to transfer the funds to them. Which providers allow you to hold multiple ISAs in the same tax year?

masonic

The best way to approach this is to answer the question with "None of your business". If that has to be truncated to "No" to fit the form then so be it. The question itself is invalid if it relates to accounts you hold with other providers.

bryanb

You can only subscribe new money to one  cash ISA per financial year unless you transfer any previous funds (of same year)to the one you are trying to subscribe to.
Most providers allow you to hold multiple accounts, but you can only subscribe to one

masonic

bryanb said:

You can only subscribe new money to one ISA per financial year unless you transfer any previous funds to the one you are trying to subscribe to

Wrong. This has never been true. Up until the end of the 2023/24 tax year, you could only subscribe new money to one ISA of each type per tax year, but this was abolished at the start of this tax year, so now there is no limit to the number of (cash) ISAs to which you can subscribe new money in a single tax year.