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Cash isas
eik
Posts: 1 Newbie
My wife and I have two joint bank accounts - both with one individual cash isa account ie one in my name and one in my wife's name in one joint account and one in my name in the second joint account- is it possible for us to open a second account each
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Comments
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I am not sure how you have a joint account that is an ISA - I thought they were one name only?1
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So you have one joint bank account and a cash ISA in your name and a cash ISA in your wife’s name with the one bank. You have another joint bank account and a cash ISA in your name with another bank?
You and your wife can open as many cash ISAs as you want in your sole names so long as either of you don’t put a total of more than £20,000 each into your ISAs in any tax year.1 -
OP didn't say that he had a joint ISAFlugelhorn said:I am not sure how you have a joint account that is an ISA - I thought they were one name only?0
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