ISA

Hello, I have fixed year cash ISA for year 2022-23 & 2023-24 going to be matured soon from provider A May I know if I can reinvest full amount (including the interest paid) for another year of fixed year cash ISA with same existing provider A, whilst, I have been using up 2024-25 limit £20,000 cash ISA for another provider B. Rgds, Mr. Shin

Hi,
Please see the following information:
Individual Savings Accounts (ISAs)
Thank you

hi there, I want to consolidate 2 ISAS with my bank to get a better rate in 2025/2026 , without adding any fund to the new account. Can I open a new isa with a different bank and make use of my £20,000, without breaching any isa tax rule, Many thanks

Hi,
Unless you arrange the transfer with your ISA holder, this would be seen as a new deposit and form part of your £20000 limit.
Thank you.