Accidentally opened ISA

OwnedByACat

I seem to have clicked on the wrong button in the Trading 212 app and opened a Stocks and Shares ISA. Unfortunately I have already maxed out my ISA allowance for this tax year and it doesn't seem possible to close the ISA without closing other accounts. Is it OK just to keep the ISA open if I don't fund it?

wmb194

OwnedByACat said:

I seem to have clicked on the wrong button in the Trading 212 app and opened a Stocks and Shares ISA. Unfortunately I have already maxed out my ISA allowance for this tax year and it doesn't seem possible to close the ISA without closing other accounts. Is it OK just to keep the ISA open if I don't fund it?

Yes, just leave it. I cannot see anything in the terms to suggest this is a problem i.e., inactivity fees or that it will be closed within x days if it isn't funded.

Bigwheels1111

As long as you do not fund he account there should be no problem.

OwnedByACat

Thank you! A silly mistake but I find the app hard to use