Cash ISA or a Stocks & Shares ISA?
When selecting a tax-free Individual Savings Account to put your money into, there’s many things to consider including how quick and easy it will be to access your money, whether you’ll retain your purchasing power, and whether your capital is at risk.
ISAs (Individual Savings Accounts) are tax-efficient savings and investments accounts: you pay no Income Tax on the interest or dividends you receive from an ISA and any profits from investments are free of Capital Gains Tax.
Premium bonds are a National Savings & Investments (NS&I) product, where each £1 you invest is given a unique number, and all numbers are put into a draw each month to win cash prizes.
Borrowing & life insurance
Budgeting & spending wisely
Pensions & retirement
Investing & financial planning