Can I open an ISA with an initial lump sum and top up at a later date?
Yes, you can. The minimum lump sum investment for an ISA is £500, and you can top it up again later.
Remember to stay within the annual ISA allowance, which for the 2020/21 tax year is £20,000. ISA allowances renew every 6 April, though any unused allowance doesn’t roll over.
You can use your ISA allowance by funding one lump sum, or in smaller amounts. Our regular investment service lets you invest as little as £25 a month.