Accounts
Cash ISA
Tax-free savings, no investment risk
A savings account that pays interest free of income tax. The 2026/27 allowance is £20,000, shared with your Stocks & Shares ISA. Capital is protected (up to FSCS limits).
Key features & allowances
- £20,000 annual allowance (shared with S&S ISA)
- Interest paid completely tax-free
- FSCS protected up to £85,000 per institution
- Fixed or variable rate options
Best for
- Money you can't afford to lose
- Emergency funds and short-term savings
- Risk-off allocation alongside investments
Risks & considerations
Capital is safe but returns may not beat inflation, so real value can erode over time. Not a growth investment.
For information only and not personal financial advice. Tax rules refer to the 2026/27 tax year and may change.