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Second ISA

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Hello.  If I want to set up a second ISA with the same bank (Santander) when should I set the second one up.  How many days before new tac year starts?

Comments

  • eskbanker
    eskbanker Posts: 37,331 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Not sure I understand what you're trying to achieve, but you can open ISAs whenever you wish - why are you looking to open another one and what do you see as the relevance of the change in tax year?
  • tacpot12
    tacpot12 Posts: 9,268 Forumite
    Ninth Anniversary 1,000 Posts Name Dropper
    If you have already paid £20,000 into your ISA at Santander in the current tax year, you can't put more in until 6th April 2025. Unless there is some limit set by Santander as to how much you can put into your current ISA, you would normally be able to put another £20,000 into the same ISA on 6th April 2025.  
    The comments I post are my personal opinion. While I try to check everything is correct before posting, I can and do make mistakes, so always try to check official information sources before relying on my posts.
  • Rodders53
    Rodders53 Posts: 2,679 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Photogenic
    Many ISAs can be opened online and deposits made on same day... So 6th April 2025 would work...

    But why not ask Santander via online banking secure message?

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