How many ISAs can I have?

Each tax year runs from April 6th to April 5th, and (if you are over 18 years old) you are able to open and subscribe funds to four ISAs per tax year - one Cash ISA, one Stocks and Shares ISA, one IFISA, and one Lifetime ISA. However, you can actually accumulate and have as many ISAs as you want.


You're able to split your annual ISA allowance between a combination of different types of ISA - as long as you do not exceed your ISA allowance each tax year - but you're only able to subscribe funds to one of the same type of ISA per tax year.

For example, you could open and subscribe funds to one IFISA, one Cash ISA and one Stocks and Shares ISA in the 2022/23 tax year, but you couldn't open and subscribe funds to two or more IFISAs, Cash ISAs, or Stocks and Shares ISAs.

However, you could hold on until the new 2023/24 tax year, and then open another one of each type of ISA. You could continue to do this for as long as you like, as there's no limit to the amount of ISAs you can have open and subscribe funds to throughout the years.

For more insight into how many ISAs you can have and how to make the most of your ISA allowance, download our free ISA guide



CARLTON Bonds are an IFISA provider specialising in fixed term property bonds.

Against a backdrop of low interest rates and a volatile stock market, the IFISA can provide an attractive investment opportunity for experienced investors. 

With the ability to hold peer-to-peer loans and debt-based securities, IFISA investments have the potential to generate higher rates of return than more traditional investment routes for investors with a greater appetite for risk.

To find out more about making the most of your annual ISA allowance, download our free guide.

ISA Guide