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New ISA
ElSteverino
Posts: 4 Newbie
I have an ISA with Barclays, which matures in July. Can I open another one before the existing on matures ?
Any advice would be appreciated. Thanks
Any advice would be appreciated. Thanks
0
Comments
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You can only put £20,000 into ISAs each tax year. So if you want to open another one this tax year, it'll depend on whether you've used all of that allowance. From 6 April you'll have a new £20,000 allowance so you'll definitely be able to open a new one (or ten new ones if you want).1
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There is a specific sub forum for ISAs. If you read through it you will see answers to your question, and every other conceivable question about ISAs
ISAs & tax-free savings — MoneySavingExpert Forum2
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