Cash ISA
A savings account where the interest you earn isn't taxed, up to an annual allowance.
Benefits
- • Interest earned is tax-free up to the annual limit
- • Often still easy-access, depending on the specific ISA
Limitations
- • Annual contribution limit
- • Rates aren't always better than a standard easy-access account
May suit you if…
- • You're already using up other tax-free savings allowances
- • You want to shelter interest from tax as your savings grow
May not suit you if…
- • Your savings are well within standard tax-free interest limits already
Options in this category
We may earn a commission if you open an account through these links. This never affects the educational content above, and sponsorship never changes which options are shown or how they're ordered here.
This describes a type of product in general terms, not a specific provider or offer.
Browse all products →