Mini-ISA / Savings Accounts

Mar 19, 2006 3 Replies
G

Hi All,



Can someone tell me how many Mini-ISA one person can have? Is it just one?



Also I'm looking for a decent savings account that pays good interest, but have the ability (like IF.COM and INGDirect) where you can have multi savings accounts under your name...



So for example.....



Under ING direct under one account you can have multi savings accounts....



Christmas Money...



Holiday Money



... and so forth.



But I'm sure there's other companys offer the same with better interest, Got a few thousand to save.



Glen.


Vote
Twitter Facebook LinkedIn
S

Each tax year (6 April - 5 April) you can open:

a) One Maxi ISA or b) One Mini Cash ISA or c) One Mini Share ISA or d) One Mini Cash ISA + One Mini Share ISA.

Take your pick - they are all right:)

Then next tax year you will have the same choice and the "old one(s)" you opened the year before can remain open but you can't add any new funds to it..

You may find the following useful:

formatting link
formatting link
formatting link
Regards Sunil

Vote
Twitter Facebook LinkedIn
J

In message , Sunil Sood writes

Suggest you replace the word 'open' with 'contribute to'.

Yes you can, but if you do, you use up your options as above.

Vote
Twitter Facebook LinkedIn

Join the Discussion

Have something to add? Share your thoughts — no account required.

Didn't find your answer?

Ask the community — no account required