Yes! You’re able to open and deposit into more than one ISA in the same tax year. This includes paying into more than one ISA of the same type (e.g. paying into two Stocks & Shares ISAs in the same tax year, but excludes paying into more than one Lifetime ISA, as this is limited to one per tax year). Please note that your annual £20,000 contribution allowance is shared across all of the ISAs that you have open.
At Moneybox, we offer a Cash ISA, Open Access Cash ISA, Stocks & Shares ISA, and a LISA (Cash or Stocks & Shares). You can open one of each type of ISA with us (e.g. a Cash ISA or Open Access Cash ISA, a Stocks & Shares ISA, and a Cash or Stocks & Shares Lifetime ISA). You can only have one Cash ISA with us (e.g. a Cash ISA or an Open Access Cash ISA).
If you have an existing ISA you'd like to transfer to Moneybox, you can request this in Settings > Transfer in an existing ISA.
Once you’ve submitted your details, most transfers will typically complete within 3 weeks, with Cash ISA transfers typically completing within 15 days.
Please note that all transfers in must be processed digitally. You can find out more about which providers are supported here.