ISAs: The best of both
Make the most of Cash ISAs and Stocks and Shares ISAs with HL
Important information – investing for longer increases the likelihood of positive returns. Over a period of five years or more, investments usually give you a higher return compared to cash savings. But investments can go down as well as up in value, so you could get back less than you put in.
Tax rules can change and their benefits depend on your circumstances. This isn’t personal advice – please ask for financial advice if you’re not sure what’s right for you.
Save and invest free from tax
When you pay money into an ISA, it's sheltered from both UK income and capital gains tax.
The adult ISA allowance for the current tax year is £20,000. You can choose from different types of ISAs, and decide whether to save or invest your money.
But remember, tax rules change and the benefits always depend on your situation.
Find out what's right for you
Cash ISA checklist:
- I need the money in the next five years.
- I’d like to be able to withdraw my cash at short notice in case of emergencies (if choosing easy access).
- I’m happy to keep the money locked up for a set period (if choosing fixed rates).
- I understand inflation can reduce the spending power of my savings over time.
Stocks and Shares ISA checklist:
- I’m happy to invest for the long term – we suggest at least five years.
- I’ve already built up cash savings for emergencies.
- I want my money to grow more than it might if held as cash savings.
- I’m comfortable with the additional risks of investing and understand I could get back less than I invest.
Mix and match to get the best of both
Spread your ISA allowance across a Cash ISA and Stocks and Shares ISA. Manage everything in
one place.
HL Cash ISA
Get great rates without the admin
- Spread cash across multiple banking partners through one online account.
- Pick fixed term and easy access savings.
- Pay no UK income tax on the interest you earn.
- Start saving from £1.
HL Stocks and Shares ISA
A simple way to invest free from UK tax
- Invest free from UK income and capital gains tax.
- Choose your own investments or leave it to the experts with the HL Ready Made ISA.
- Earn interest on cash while you wait to invest.
- Start from £100 lump sum, or £25 a month.
Why choose HL for your ISAs?
- Security - we're the largest investment platform in the UK for private investors, with £155bn in assets under administration, and trusted by 1.9 million clients.
- Ease - check your ISAs anytime online or with the HL app.
- Choice - from great cash rates to a wide range of investments.
- Award-winning - we've won over 200 awards, including Best for Customer Service 2024 and Best Buy ISA 2023 from the Boring Money Awards.
- UK-based helpdesk - speak to our customer support team if you have any questions.
Learn more about ISAs
This website is issued by Hargreaves Lansdown Asset Management Limited (HLAM) with company number 1896481 and authorised and regulated by the Financial Conduct Authority (register number 115248). The HL Cash ISA is provided by Hargreaves Lansdown Savings Limited (HLSL), registered in England and Wales (company number 8355960) and authorised and regulated by the Financial Conduct Authority (register number 915119). HLSL is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011 with reference 901007 for issuing electronic money. HLAM and HLSL are subsidiaries of Hargreaves Lansdown plc (company number 2122142).