Isa help
Author
Discussion

colin86

Original Poster:

311 posts

144 months

Friday 7th October 2022
quotequote all
Morning

Basically need help I have an isa with virgin money but noticed the rates have went up . Is it possible to open up another one ? I haven’t put any of my tax free allowance in to the previous one this year ?

Thanks

bitchstewie

68,030 posts

240 months

Friday 7th October 2022
quotequote all
Should be able to and you should be able to transfer your Virgin Money one to any new one you open but check whether the new one accepts transfers as bizarrely some don't.

The Leaper

5,720 posts

236 months

Friday 7th October 2022
quotequote all
You can start only one ISA each tax year, with a max of £20,000. If you have not started one this current tax year, then you're OK to go ahead with Virgin, or anyone else.

R