Is the Octopus Choice IFISA a flexible ISA?

Octopus Choice IFISA is not a flexible ISA. This means that any money you withdraw from your Octopus Choice IFISA will still count towards your annual ISA allowance (£20,000 for the current tax year).

In other words, if you’ve invested up to your ISA limit and subsequently withdraw money from your Octopus Choice IFISA, you won’t be able to invest any more money into it or any other ISA.

Still need help? Contact Us Contact Us