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Normally, a slice of any interest you earn from a savings account goes straight to the taxman. However, a cash ISA, or Individual Savings Account (otherwise known as the new ISA/NISA), is a type of account that allows you to earn interest tax-free.
Each tax year (the 6 April to the following 5 April) you can invest up to a specified limit in a cash ISA – click here to download your FREE 8-page ISA allowance guide for the current tax year. You will need a PDF reader such as Adobe Reader to download this guide.
Even if you have no money to invest in the current tax year, you can still transfer your ISA/NISA to another provider, if you find you’re not earning the best rate on your savings.
Monthly Savings PlanFind out what your regular savings plan could be worth.
Lump Sum InvestmentsUse our interest calculator to work out what interest you could earn on your lump sum. Find out what your lump sum investment plan could be worth.
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Cash ISAs are a special type of savings account that pay interest tax-free. Each tax year you get an... More
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AA have launched a new two year ISA which heads straight into the Moneyfacts best buys.... More
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