How many Cash ISA's can I open ?

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How many Cash ISA's can I open ?

Postby swordman on Thu Apr 20, 2006 11:31 am

Hi everyone

My question is, how many cash Isa's can I have open. I understand its one per tax year, but if I already have one open from last year, does thta mean i can't open another one with soemone else ?
swordman
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Re: How many Cash ISA's can I open ?

Postby Deborah on Thu Apr 20, 2006 10:40 pm

swordman wrote:Hi everyone

My question is, how many cash Isa's can I have open. I understand its one per tax year, but if I already have one open from last year, does thta mean i can't open another one with soemone else ?


You can open one cash ISA PER Tax year with any provider, so if you already have one from last year, you can open another one with someone else this tax year and again a seperate one next tax year etc...

And yes its only ONE per tax year ;)


However, if yuo have more in an cash isa i.e. £6k then you may find that providers pay a higher interest rate
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