Opened an ISA in May 05 - put in the full subscription allowed. Fast forward to now, just got my interest added to the account (X). I presume interest in the future on this X is also tax free, even though the toal amount is more than the maximum subscription?
The ISA is with Alliance & Leicester. Several months after it was opened,
they dropped the interest rate for new customers, while keeping the higher
old rate for existing subscribers. Does anyone know if I can subscribe again
in April, by simply adding more to the ISA and keeping the same high rate of
interest, rather than opening a new one?
- posted 14 years ago