Originally Posted by stiscooby (Post 11034151)

I think the post 2 up from this one actually answers my question but..........

I have never had a ISA before and have 10k+ that I can put into something to earn some better interest than what it's getting now (this money is still in an old Abbey online savings account, which has since been changed to a Santander account, which I was saving money in when we was saving for a deposit on our house). This remaining money has been sitting in there for the last 3 years or so earning bugger all interest as the rates etc dropped some years ago but to be honest I haven't bothered doing anything with it but thought might be an idea to move it somewhere to get a bit of interest on it (I think at the moment its gets something stupid like 20p interest a month!! lol).

So, having a look at some ISA's (Santander seems to be one of the best at 2.5%), if I open one now before the new tax year starts, can I stick in £5640 now, then in a few weeks when the new year starts can I then put in another £5640 to give me over 11k in a ISA (or move it to anoter account depending who's giving the best rate etc)? Rather than leaving it a few weeks and then only having £5640 in for the next year?