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CASH ISA DEPOSIT CEILING

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BJS | 18:48 Sun 10th Jan 2010 | Business & Finance
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Is there a maximum ceiling that can be put into a cash ISA. I do not mean the yearly limit butjust how much IN TOTAL over the years can be deposited in a ISA. Thanks for any advice.
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Avatar Image factor-fiction
No, so long as you don't exceed the maximum in each tax year.
According to Martin Lewis's Money Saving Expert site : "As Cash ISAs began back in 1999, it's now possible to have £34,200 plus interest"
19:35 Sun 10th Jan 2010
Avatar Image dasherman
Bear in mind that if you have more than £50k with one institution,the excess may not be covered should they go bust.
14:10 Mon 11th Jan 2010

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