Does transferring an ISA count as opening a new one?
If you don't already have another ISA, to transfer you will need to open a new one. But the ISA rules have changed as of 6 April 2024. You can now have - and contribute - to as many ISAs as you want (except for Lifetime ISAs and Junior ISAs). Provided you don't contribute more than your £20,000 ISA allowance across them all.
For example, if you contribute to a Stocks and Shares ISA and transfer to a new provider in, you can now keep your old ISA open and still pay into both.
Do ISA transfers count towards your annual allowance?
ISA transfers do not count towards your annual allowance.
For example, you could transfer an ISA worth over £20,000 at the beginning of a tax year. You could then contribute up to £20,000 to your new ISA in that year (unless it is a Lifetime ISA as they have a maximum annual allowance of £4,000).
How do you want to invest?
Are you more of a hands-on investor? Or simply prefer to leave it to the experts? Either way, we have the ISA for you. And all for our same low, flat monthly subscription.
ii ISA
Do it myself
A Self-managed ISA puts the control firmly in your hands.
Build your investment portfolio from our full range of UK and international shares, funds and bonds.
Then manage your investments yourself, with our expert insights and ideas always there if you need them.
ii Managed ISA
Do it for me
Sit back, relax and leave it to the experts with a Managed ISA.
We'll match you to a tailored investment portfolio, that reflects the risk level you're comfortable with.
Then our experts will look after your investments for you - so you can rest easy, knowing your money is managed.
Your chance to win £100k.
Open an ii ISA by 31 July 2024 to be in with a chance of winning our biggest ever cash prize: £100,000.
How to enter the prize draw:
1. Open your ii ISA
- You can open either a Self-managed or Managed ISA. Junior ISAs aren’t included.
2. Make a payment or transfer
- Add £5,000 or more to your account to qualify for entry. Transferring an ISA to your new ii ISA counts too.
3. We’ll automatically enter you
- Top tip: open and add the minimum amount to another ii account and you’ll get another entry.
The lucky winner will be chosen at random within a month of the closing date. So keep your fingers crossed and eyes peeled for updates.
Capital at risk. Terms apply.
