I know this has been discussed before, however I'm unable to find the thread.
I currently hold 2 mini ISA's for this tax year, one cash isa with 3000 and a managed fund isa with 500 - Both with First Direct.
Now my question: I've also opened a Comdirect account and want to make sure that I'm correct in assuming that I can deposit an additional 2500 into a self-select mini ISA before exceeding the ISA limit?
Thanks, L
No you can not (for this tax year). I self-select mini ISA is the same type (stocks and shares) as the managed fund ISA. The limit of 3000 can NOT be split with different providers.
You may be able to transfer the managed fund isa with £500 to a comdirect self-select ISA (check with them) and then add to it within this tax year.
Thom
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