Can I pay into Help to buy Isa and also a cash isa for 2025-26

Computer_User

I have a help to buy isa which only allows me to pay in £200 a month. There have been changes to isas this year and my question is this .Can I pay into my help to buy isa and also pay into a cash isa this year  as long as i dont pay in more than the maximum isa allowance. if so what banks allow this. Thank you

masonic

Yes, no bank can effectively block you from doing this as it would be interfering with your customer relationship with another bank.

However if you were looking to hold both with the same bank, they are entitled to restrict you to a single ISA with themselves.

eskbanker

Computer_User said:

I have a help to buy isa which only allows me to pay in £200 a month. There have been changes to isas this year and my question is this .Can I pay into my help to buy isa and also pay into a cash isa this year  as long as i dont pay in more than the maximum isa allowance. if so what banks allow this. Thank you

For the record, the changes were last year rather than this, but how confident are you that a HTB ISA will suit your needs?  It's a product that's approaching the end of its life and Lifetime ISAs are better for many, but much depends on individual circumstances, including age, amount saved, and timescale/value/location of likely first property purchase....

Computer_User

 I just want to know if it is ok to pay in to my help to buy isa and toalso pay into a cash isa? my help to buy has not been paid into for a few years .

masonic

You have never been prevented from paying into a separate cash ISA in a different tax year. You can now pay into both in the same tax year subject to comments above.

PRAISETHESUN

Yes - you can pay into both your H2B ISA and another cash ISA in the same financial year. You just can't exceed the £20k limit on the combined total of all ISA subscriptions.