A new tax year is almost upon us, which can mean only one thing – you'll soon have a brand new ISA allowance! This year you'll have more to play with, too, as from 6 April 2017, the annual limit will rise to £20,000, giving you plenty of opportunity to boost your tax-efficiency in the 2017/18 tax year.
You've still got until midnight tomorrow to get your 2016/17 ISA contribution finalised, but if you've already maxed out your allowance for the year, it's time to start thinking about the next one. Finding the best ISA rates will of course be a top priority, and our Best Buys will be a great place to start – the best fixed rate cash ISA, for example, comes from Principality Building Society and pays 1.95%, or if you're after the best instant access ISA, you can't go wrong with Coventry Building Society's 1.05% deal.
But what other options do you have?
The days of there only being a cash and stocks & shares ISA are long gone – now you've got everything from an innovative finance ISA to a Help to Buy ISA, and even the new kid on the block, the Lifetime ISA (LISA for short). This means you've got plenty of ways to make your money work hard for you, with numerous options to split your £20,000 ISA limit between.
Use our search tool to compare ISA rates, or head straight to our cash ISA Best Buys to find the top ISA rates available
Want to invest as part of your ISA allowance? Read our guide on stocks & shares ISAs
to find out more, and check out our investment ISA page for details of some of the options available
Saving for a first home? Find out more about the Help to Buy ISA, and stay tuned for more details of the LISA
Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.
Challenger banks continued to dominate the fixed rate bond savings charts this week, paying the top rates in the five, three, two and one year charts
Challenger banks continued to dominate the fixed rate bond savings charts this week, paying the top rates in the five, three, two and one year charts
ISA savers looking for a fixed account will be pleased to see that a new top rate has entered the fixed ISA chart this week
ISA savers looking for a fixed account will be pleased to see that a new top rate has entered the fixed ISA chart this week
Today’s Consumer Price Index (CPI) figures reveal that inflation rose to 0.6% during December, an increase from 0.3% the previous month
Today’s Consumer Price Index (CPI) figures reveal that inflation rose to 0.6% during December, an increase from 0.3% the previous month
Challenger banks continued to dominate the fixed rate bond savings charts this week, paying the top rates in the five, three, two and one year charts
Challenger banks continued to dominate the fixed rate bond savings charts this week, paying the top rates in the five, three, two and one year charts
ISA savers looking for a fixed account will be pleased to see that a new top rate has entered the fixed ISA chart this week
ISA savers looking for a fixed account will be pleased to see that a new top rate has entered the fixed ISA chart this week
Today’s Consumer Price Index (CPI) figures reveal that inflation rose to 0.6% during December, an increase from 0.3% the previous month
Today’s Consumer Price Index (CPI) figures reveal that inflation rose to 0.6% during December, an increase from 0.3% the previous month
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