Lloyds fixed isa

kippo1

Hiya
 I have a lloyds fixed term isa which pays monthly interest to my nominated account and which i use to fund a few regular savers,i was just reading on lloyds website and it quotes

" The amount of any interest transferred to a non ISA can be paid back into your Fixed Rate Cash ISA in the same

tax year, as replacement subscriptions"

so if i paid 20k of new money into an isa at the beginning of the tax year i could also pay in all the interest i have taken out at the end of the tax year and it wont be classed as new money?
just checking as i dont want to go over isa limits

Thanks

eskbanker

Yes, it's a flexible ISA, so current year money that's withdrawn (Including interest) can be replaced by the end of this tax year without being treated as new subscriptions.