Advantages of an ISA

What are the advantages of an ISA?

Advantages

Never pay any tax on the money you make (meaning your money could grow much faster over time).
Access your money whenever you like (takes around 7-10 days).

To consider

Save up to £20,000 per tax year.

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When investing, your capital is at risk. The value of your investments can go down as well as up, so you may get back less than you put in. Tax treatment depends on your individual circumstances, and could change in the future. You should seek financial advice if you are unsure about investing.

You are covered by the Financial Services Compensation Scheme (FSCS) up to £85,000 (subject to eligibility).

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