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ISA rules confusion
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climberkayaker
Posts: 4 Newbie
Apologies if this has been asked already, I've had a good search of the forums and was still confused!
Is it possible to have more than £20k in ISAs?
I have a fixed rate ISA for 2 years with £20k in it (opened last tax year) can I then put another £20k into a different fixed rate ISA in this tax year?
Any guidance on this seems to be worded a bit ambiguously. Thanks in advance.
Is it possible to have more than £20k in ISAs?
I have a fixed rate ISA for 2 years with £20k in it (opened last tax year) can I then put another £20k into a different fixed rate ISA in this tax year?
Any guidance on this seems to be worded a bit ambiguously. Thanks in advance.
0
Comments
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There is no limit to how much money you can have in ISAs. In fact there's no limit to how much you can have in 1 ISA (except that providers may limit it for their own reasons).1
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