Isa

Stevetot1

Hello, I have an Isa (last year  and have £20,000 and the rate is 4.75%), and I would like to open another this financial year. 
I understand I can pay into this Isa with this years allowance and if so, would I get this rate (4.75%), or will the bank pay their current rate which I believe is lower, if I took out a completely new Isa? Many thanks.

flaneurs_lobster

Depends on the terms of your existing ISA. Who is it with and what is it called and does it have an end date?

saajan_12

Was that 4.75% account an easy access, fixed term, or something else? 

Stevetot1

Its the 4.75% fixed term

slinger2

This is nothing to do with whether this savings account is an ISA or not. It depends on the terms and conditions of your specific account. You simply need to find out whether you can put more money into your existing account or not.