So I read this:
"If you have paid into a cash ISA this tax year, in order to open a Help to Buy: ISA, you will have to transfer your active cash ISA to a Help to Buy: ISA. You can transfer up to £1,200 of your active cash ISA balance into your Help to Buy: ISA.
Anything more than this should be moved into either a stocks and shares ISA, an Innovative Finance ISA, or a non-ISA account. However, the total amount saved must not exceed the annual subscription limit for ISAs."
Does this mean that I can use my remaining allowance to "open" a stocks and shares ISA account? As long as I don't go over the limit of course..
Sorry if my understanding of this is crap!