You are allowed to have different types of ISAs in the current year. For example, you may have an active Cash ISA and a Stocks & Shares one in the current year, and you won’t be violating any regulations as long as your deposits into both accounts are within the overall limit of £20,000.
However, if you find yourself with two ISA accounts of the same type and you have deposited funds in both during the current tax year, we suggest you contact the HMRC at your earliest convenience and inform them.
We offer a non-flexible Stocks & Shares ISA account. This means that any funds you withdraw from it will still count towards your annual allowance and cannot be replaced.
*Your Trading 212 ISA will be active for the current year only if you have deposited, moved or transferred funds to it.
**You are allowed to have more than one ISA of the same type (e.g. S&S ISA) only if one of them was opened in a Previous Tax year.