sorry isa ?

ds1980

Have northern rock fixed isa which matures in june 08. Can't transfer money into that so have taken out their new fixed rate isa. WHen the isa matures in june I intend to transfer the old monies into the new isa although if that issue has disappeared then i won't be able to! THey said that whatever the new issue was then i would be able to transfer everything into that?

Bit confused as i thought i could only have one isa in any year???

ANy help on what best to do. Basically looking to put everything into on isa at the best or near best rate.

thanks

debbie42

Transferring an old ISA to a new provider isn't adding new funds: you can do that without affecting your current year's ISA allowance.

ds1980

ok thanks for that. SO i think im going to open new issue and then wait until june to see what i can get and then transfer everything to best provider.

thanks,