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Silly question - can I pay into existing cash ISA?
SeanM42
Posts: 18 Forumite
I have £40000 in a cash ISA which I transferred to a different bank recently. I haven't made any financial contributions to it this tax year - presumably, it's fine for me to pay up to £20000 in to it?
I know it's quite a silly question but I just want to double check!
I know it's quite a silly question but I just want to double check!
0
Comments
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Yes, that is fine.0
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Fine unless the new ISA is a fixed term one that does not allow additional contributions.
In which case you can just open a new one.0 -
It's an easy access one so all good!0
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