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  • FIRST POST
    • Rootitooti76
    • By Rootitooti76 10th Feb 18, 6:09 AM
    • 1Posts
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    Rootitooti76
    Fixed rate ISA confusion
    • #1
    • 10th Feb 18, 6:09 AM
    Fixed rate ISA confusion 10th Feb 18 at 6:09 AM
    I'm planning to save a few thousand in a 2.25% 5 year fixed rate before the end of this tax year.
    Does that mean I cannot invest in another ISA for 6 years until the end of the fixed or will it be allowed in a different tax year? Does it also depend on whether I put a set amount in and leave it I.e don't add to it after this tax year. TIA
Page 1
    • Tom99
    • By Tom99 10th Feb 18, 7:20 AM
    • 1,958 Posts
    • 1,290 Thanks
    Tom99
    • #2
    • 10th Feb 18, 7:20 AM
    • #2
    • 10th Feb 18, 7:20 AM
    You can put in 20k per tax year. So if you open your 5 yr fix by 5th April you can put another 20k into that account (if they allow it) or anywhere else on or after 6th April.
    • badger09
    • By badger09 10th Feb 18, 12:43 PM
    • 5,941 Posts
    • 5,281 Thanks
    badger09
    • #3
    • 10th Feb 18, 12:43 PM
    • #3
    • 10th Feb 18, 12:43 PM
    Have you already exhausted all the high interest current accounts & Regular Savers?
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