Why ISA?

Cash ISAs are a simple, tax-efficient way of building your savings. We have a range of ISAs to help you reach your savings goals.

The Benefits of an ISA

There are many reasons to opt for a cash ISA over other savings accounts. One of the biggest reasons is that your interest is protected from tax; so each year, you can efficiently invest your allowance and grow a healthy nest egg.

Cash saved in an ISA stays tax free for as long as it's in there and you get a new ISA allowance each year. This is set at £20,000 for the 2019/2020 tax year.

The interest you earn in an ISA doesn't count towards your personal savings allowance. Therefore if interest rates on savings accounts increase in the future and tip you over the Personal Savings Allowance (PSA) limit, your ISA savings will be protected. .

Key Features of an ISA

The key features of a cash ISA are:

• ISAs are tax-free

• You can open a cash ISA if you’re 16 or over and a UK resident

• The maximum amount you can save into a cash ISA for the tax year 2019/2020 is £20,000

What is a Cash ISA?

Would you like to understand more about cash ISAs? Why not check out our Cash ISA guide, from what is a cash ISA to understanding your personal savings allowance, you'll find all the answers to your questions here!

What is an ISA Deadline?

Find out all the information you'll need on the ISA Deadline 2019/2020, as well as your ISA allowance.

Transfer your Cash ISA to us

If you would like to transfer your ISA to us but you're not sure where to start why not check out our helpful guide to ISA transfers.