How many ISAs can you have?
If you’re looking to make the most of your tax-free allowance, you may choose to diversify your investment portfolio to help you achieve your goals.
You can have as many ISA accounts as you want to as long as you meet the requirements. From 6th April 2025, you can invest in one or more of the same or different type of ISA with different providers within the same financial tax year but can only pay up to your annual allowance limit. The ISA annual allowance limit for the 2025/26 tax year is £20,000.
You may choose to diversify your annual allowance limit across each type of ISA. For example, you may invest £10,000 into an IFISA, £6000 into a Cash ISA and £4000 into a Lifetime ISA. Or you may choose to invest all £20,000 into one or more IFISA.
Diversifying your investment portfolio by utilising ISAs with varying interest rates will help you achieve multiple financial goals.
Don’t invest unless you are prepared to lose money. This is a high-risk investment. You may not be able to access your money easily and are unlikely to be protected if something goes wrong. Take 2 minutes to learn more.
Learn more about how to manage additional permitted subscriptions into an ISA.
*The tax treatment of interest and reliefs on defaults may be subject to change and tax treatment will depend on your individual circumstances.
