In the short of it, yes, yes you can.
You are allowed to open one of each type of ISA, permitting you do not exceed the £20,000 tax free allowance.
These types don’t necessarily need to be just a cash or investment ISAs, but you are also eligible to open one of each including help to buy ISAs, lifetime ISAs etc.
Your £20,000 is a combined total, so whether you wish to put £10,000 in each or however you wish to split it, you cannot exceed the allowance for tax- relief.
This doesn’t necessarily have to be with the same provider and can be separate, if need be.
Some providers may offer better rates or specialise in specific types of ISAs, hence they there is the option to mix providers when it comes to selecting an ISA.
Both these ISAs have their differences but it is worth noting that you can withdraw from both.
These withdrawals will need to be paid back within the same tax year, depending on your provider.
A relatively new change/allowance that has come into place, is also transferring and converting between ISAs.
Not all providers will allow this, but some will give permission to convert a stocks and shares ISA into a cash ISA, or the other way around.
This usually has to be within the same provider and not using separate companies.
Again, this is subject to your providers terms and conditions.
For the best results on which ISA to choose, or whether you want to open multiple, it is always best to consult with a financial advisor in regards to your current financial situation.
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The value of investments and any income from them can fall as well as rise and you may not get back the original amount invested.
HM Revenue and Customs practice and the law relating to taxation are complex and subject to individual circumstances and changes which cannot be foreseen.