MeJustMe
Joined: 11/15/2023
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Two cash ISAs in one year
This year, I transferred an old ISA to a new provider. I have not deposited any new money to this new account. Prior to this, and in the same tax year, I opened a new ISA and deposited new money. All accounts are cash ISAs. I know that must not subscribe to more than one cash ISA in the same year and have not done so. Have I broken any rules by transferring an old ISA into a new account even though I'd already opened and subscribed to a different account? If so, what happens?