ISAs

Save and invest tax efficiently

An individual Savings Account (ISA) is an ideal way to save or invest your money. This is because saving in an ISA could result in having to pay no tax or less tax. We have a range of ISAs to choose from and save in. Just remember not to exceed the current ISA allowance of £20,000. If you want to learn more about ISAs, our ISAs explained page has the details.

 

Compare our best ISAs

Save in a Cash ISA

Find a Cash ISA to save where you don’t pay tax on any interest you earn.

  • ISA Saver Fixed: Lock your money away and earn with a fixed rate of interest. Open from £500.
  • ISA Saver Variable: A flexible way to access your money when you like. Open from £1.
  • Junior Cash ISA: A long-term account for under 18s who want to save for the future. Open from £1.
View our cash ISAs

Invest in an ISA

Find an ISA to invest in which protects any potential gains and income from UK tax. Please note you can only invest in one of the below ISA options per tax year.

  • Stocks and Shares ISA: Build your own investment portfolio from our wide range of investment options.
  • Investment ISA: A simple way to start investing. Choose from our 3 ready-made investments, the investment you choose depends on your attitude to risk.
Start investing

Help to Buy: ISA

You can no longer apply for a Help to Buy: ISA. If you already have one with another provider you could transfer it to us.

More about Help to Buy: ISA

If you feel ISAs are not for you, take a look at our other savings accounts and investment options.

The value of your investments, and income from them, can fall as well as rise so you may get back less than you invest. If you're unsure about investing, seek independent advice. Tax treatment depends on individual circumstances and may be subject to change in future. Charges may apply.

ISAs FAQs

  • ISA stands for an Individual Savings Account. An ISA is an account that allows you to save and invest free from UK tax. Halifax offers two types of ISA. A Cash ISA allows you to save money without having to pay UK income tax on the interest earned. A Stocks and Shares ISA allows you to invest money without having to pay UK income tax on the income earned and capital gains tax on profits made. With ISAs, there is a limit to how much money you can save or invest per year. This is known as the ISA allowance.

  • Each year an ISA allowance is set in the UK. This is the amount of money you can save and invest in ISAs in each tax year. The tax year runs from 6th April to the 5th April the following year. You are allowed to have more than one ISA, however you are only allowed to pay into one of each type of ISA per tax year without exceeding your annual ISA allowance.

  • The ISA allowance is the total amount you can save and invest in ISAs in each tax year. Bear in mind that you can't carry any unused allowance over to a new tax year. The ISA allowance simply resets back to the annual limit again on 6th April. Visit our ISA allowance page to find out what the current ISA allowance in the UK is.

  • If you’d like to save money without having to pay UK tax on your savings, an ISA could be the ideal option for you. There are different types of ISAs to choose from. Some have the benefit of a fixed rate or easy access to your money. Browse our range of Cash ISAs.

  • You can have more than one ISA. However you are only allowed to pay into one of each ISA type per tax year without exceeding your annual ISA allowance. If you exceed the ISA allowance for the tax year, HMRC will let you know how this can be corrected.

  • You are allowed to have more than one ISA. However you can only pay into one Cash ISA, one Stocks and Shares ISA, one Lifetime ISA and one Innovative Finance ISA or a combination of the four. This is subject to the ISA annual allowance. Visit our ISAs explained page to find out more about how ISAs work.

Halifax is a division of Bank of Scotland plc. Registered in Scotland No. SC327000. Registered Office: The Mound, Edinburgh EH1 1YZ. Bank of Scotland plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 169628.

Halifax Share Dealing Limited. Registered in England and Wales no. 3195646. Registered Office: Trinity Road, Halifax, West Yorkshire, HX1 2RG. Authorised and regulated by the Financial Conduct Authority under registration number 183332. A Member of the London Stock Exchange and an HM Revenue & Customs Approved ISA Manager.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS). For further information about the compensation provided by the FSCS, refer to the FSCS website at www.fscs.org.uk/. You can also visit our Financial Services Compensation Scheme page for more details.