Can I open an ISA if I put £1k into one that matured in this tax year?

I had a fixed rate cash ISA that matured in December 24 and I elected to reinvest the money with the same provider.  It wasn't at the max £20k, and I had a short window of time where I could add funds, so I put in another £1k by the January 25 deadline.  My question is whether I can open a new ISA now before 5th April and put in up to £19k?

Thanks in advance.

Comments

  • eskbanker
    eskbanker Posts: 36,747 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Yes, if the provider moved your old funds into a new ISA without them counting as new money, then you have £19K of your 2024/25 allowance remaining to do with as you see fit.
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