ksingh_1

Hi, I had a query about transferring and renewing isas. I currently have a cash ISA that matured this tax year that was previously a 2 year fixed rate ISA, and once it matured became an instant cash ISA with Bank A, I also have a second cash ISA that will mature this tax year with Bank B. I have not used any of my ISA allowance this year. Is it possible for me to transfer the ISA with Bank A into a new fixed rate ISA with the same bank, and also pay my allowance into the ISA I have with Bank B and renew the ISA with Bank B? My understanding is that the new isa with Bank A would count as a transfer (not as opening a new ISA) and the renewal with Bank B would not count as opening a new ISA either? Any clarity would be appreciated. Thanks