* If you use ISAs wisely, you can put away up to £15,240 without having to pay a penny of tax on the interest you earn. Tax advantages may be subject to change and will depend on your individual circumstances. Saving based on interest paid on the market leading product vs. average rate on offer in the UK; and based upon using the full 2011-2012 Cash ISA allowance of £5,340.
You can put up to £20,000 in a cash ISA and shield your returns from tax.
Instant Access Cash ISAs
Simple accounts, quick access to your money
Save for your children's future
Save up to £4,128 a year with a tax-free junior ISA savings account.
Stocks and Shares ISAs
You can invest your full ISA allowance of £20,000 in a stocks and shares ISA. Stocks and shares ISAs come in two forms:
Stocks & Shares ISA Direct Providers
Direct ISA products usually track performance of stock markets, like the FTSE 100, or are a basket of investments managed by a provider. Either way, the idea is you don’t need to be actively monitoring things every single day. Remember the capital is not protected so there is still a risk that you may not get back as much as you have paid in.
Self-selected fund ISAs
These ISAs give you an empty 'tax wrapper' which you can fill with investments of your choosing. Great if you want to be in control of exactly which investments you make. These can be a higher risk investment and as with Pre-selected ISAs the capital is not protected so there is a higher risk you may not get back as much as you have paid in. These plans tend to be more suited to experienced investors who are willing to take greater risks.
Over 300 products to choose from... from all the major players like:
An ISA (Individual Savings Account) is a special type of savings account where you don’t pay tax on the interest, no matter how much you earn.
ISAs were introduced in 1999 to encourage people to save. There is however a limit to how much you can save in one each tax year. For 2017/18 it is £20,000.
You can save up to this amount either entirely in cash, in stocks and shares or any combination of the two.
You can find everything you need to know about ISAs with our dedicated hub page.