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ISA Allowance
Vienna26
Posts: 3 Newbie
I have my full allowance for last year invested in a Plum cash ISA.
I now have this years allowance in full available to invest.
Should I add it to the same ISA or open a new one?
I now have this years allowance in full available to invest.
Should I add it to the same ISA or open a new one?
Adding to the existing one would still keep me below the 85,000 secure limit.
0
Comments
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You can do what you want.0
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do what gives you the best return. I have 6 and only 1 of those has more than one years allowance in it1
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Plum gives about the best return on cash ISAs so might be best to add this year’s allowance into there.0
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Be aware that Plum include a bonus rate so once your ISA is 12 months old the rate is reduced by 0.88% from 5.17% to 4.29%.1
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Ok yeah, I’m aware
I will review investment at the end of twelve months
cheers 👍🏻0
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