Skip to main content

Is the Smart Cash ISA flexible?

Read here to find out whether the Smart Cash ISA allows you to withdraw and redeposit funds without losing your allowance

Written by Ryan
Updated over a week ago

Yes, the Smart Cash ISA is a flexible ISA.

This means you can withdraw money from your account and put it back in during the same tax year without it affecting your annual ISA allowance. You can do this as many times as you like.

You can read more about ISA flexibility and allowance here.

Please note that Chip does not provide tax advice or financial advice, and tax treatment depends on individual circumstances and may be subject to change in the future.

Need further help?

If you have any further questions, please get in touch with our support team using the in-app chat. This can be found in the Contact Us section on the Profile tab.

Did this answer your question?