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Posted Tue, 07 May 2024 15:12:12 GMT by Ben_Purnell
Hi, Earlier this month I opened up a cash ISA with one provider and paid £1 into this to make sure the account worked fine, it did. after reviewing some consumer feedback on the ISA I realize their customer service isn't the best. I have one of my previous Cash ISA's maturing in the next couple of weeks and wondered if I'm allowed to Open another cash ISA with an better alternative provider and just use the ISA Transfer option to move the funds? Many thanks
Posted Tue, 14 May 2024 09:40:35 GMT by HMRC Admin 8 Response
Hi,
From 06/04/24 you can open and contribute to more than 1 cash ISA.
The limit for investment is still £20,000.
Thank you.

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