Open an ISA
Save more money with a low-cost ISA
- Start tax-efficient investing with an award-winning ii ISA
- Manage your own investments or leave it to the experts
- All available for a low, flat monthly fee
Important information: As investment values can go down as well as up, you may not get back all the money you invest. If you're unsure about investing, please speak to an authorised financial adviser. Tax treatment depends on your individual circumstances and may be subject to change in the future.
Here’s what you get with an ii ISA
Here’s what you get with an ii ISA
Pay no tax on your investments
Invest tax-free up to £20,000 per year. Any investment growth in an ISA is protected from dividends tax and Capital Gains Tax.
Choose how you want to invest
Take control of your portfolio with direct access to shares, funds, ETFs, trusts and bonds. Or, let our experts manage your investments for you.
No withdrawal fees
Take a step closer to your financial goals. Whether it’s for short-term or long-term, you can withdraw your money whenever you like at no extra cost.
An ISA you can trust
Join over 430,000 customers investing in the UK’s most trusted trading platform.
The ii ISA has won multiple awards, including The Times Money Mentor Award for Best Stocks and Shares ISA in 2024.
Your ISA investment options
Are you more of a hands-on investor? Or simply prefer to leave it to the experts? Either way, we have the ISA for you. And all for our same low, flat monthly fee.
Do it myself
- A Self-managed ISA puts the control firmly in your hands.
- Build your investment portfolio from our full range of UK and international shares, funds, bonds and trusts.
- And while you manage your investments yourself, our expert insights are always there if you need them.
Do it for me
- Sit back and leave it to the experts with a Managed ISA.
- We’ll match you to an investment portfolio that reflects the risk level you’re comfortable with.
- Then our experts will look after your investments for you – so you can rest easy knowing your money is managed.
Important information - interactive investor (ii) is an Aberdeen company. Aberdeen advise ii on the fund selection for the Managed ISA portfolios. The portfolios contain funds predominately managed by Aberdeen but may also include funds managed by other third-party managers. Please review the portfolio factsheets for more details on the underlying funds. Find out more about how ii and Aberdeen work together.
What are the charges for an ii Stocks & Shares ISA?
Most providers charge a percentage fee, meaning you’ll pay more in charges as your investments grow.
With ii, you pay a low, flat monthly fee - helping you reach your goals faster. Plus, when you open an ii ISA, you can add an ii Trading Account at no extra cost.
Other charges, such as trading fees and FX fees, apply. View our charges to learn more.
Monthly fee for an ii ISA
| Account value | Monthly fee | Plan |
|---|---|---|
| Up to £50,000 | £4.99 | Investor Essentials |
| Any value | £11.99 | Investor |
How to get started
How to get started
It takes just 10 minutes to open your ii ISA. You can also transfer your investments or leave it until a later date.
Don’t worry: you won’t be charged until you add money and start using your Trading Account.
Select from a wide range of investment options. If you’ve selected a Managed ISA, select your risk appetite and leave it to the experts.
Easily check your investment performance online or on the ii App. You can also make changes to your portfolio as well as add cash to your account on the go. There’s no fixed term - withdraw at any time.
Stocks & Shares ISA FAQs
There’s no limit to how many ISAs you can have in your lifetime. And, as of 6 April 2024, the ISA rules have changed. You're no longer limited to only being able to pay money into one type of ISA in a tax year (except for Lifetime ISAs and Junior ISAs which are still limited to one).
The main types of ISA are:
- Cash ISAs, which are like regular cash saving accounts, but any interest you earn is tax-free.
- Stocks & Shares ISAs, which allow you to invest your money in the stock market. Any gains on your investments are tax-free.
- Lifetime ISAs (LISAs), which are for saving towards buying your first home or retirement. The government adds a 25% bonus to any money you contribute to a LISA. However, you can only access the money when buying your first home, or when you reach the age of 60.
- Junior ISAs, which are savings accounts a parent or guardian can set up for under 18s. The child can access the money once they turn 18 (when it turns into a regular Cash ISA or Stocks & Shares ISA).
Yes, you can transfer an ISA and open a new one in the same year. This is because transferring an ISA does not count as opening one. There’s no limit to how many ISAs you can have in your lifetime.
You can transfer a Cash ISA or a Stocks & Shares ISA to us.
You can also transfer a Lifetime ISA. However, you will have to pay a 20% government withdrawal charge.
Make sure you transfer using our online ISA transfer process – either during account opening or by logging in to your account.
If you choose to withdraw and transfer the cash yourself, you will use up additional ISA allowance. The online transfer process ensures this doesn’t happen.
Transfers typically take up to 4 weeks for cash transfers and 6 weeks when transferring investments. Though it can take longer if there are delays from your current provider.
To make it as smooth as possible, we take care of the whole process and keep you up to date with any progress.
