Interactive Investor

Stocks & Shares ISA

Say hii to our best ISA offer. Ever.

Open an ISA by 29 February and get £100 to £1,500 cashback.

New customers only. Subject to a minimum £2k account value and holding period. Cashback paid after 12 months. Terms apply.

TYE ISA / TA offer roundel

Important information - The value of your investments may go down as well as up. You may not get back all the money that you invest. If you are unsure about the suitability of a Stocks and Shares ISA, you should seek advice from an authorised financial advisor. Tax treatment depends on your individual circumstances and may be subject to change in the future.

What is a Stocks and Shares ISA?

A Stocks and Shares ISA, also known as a Self-Select ISA or Investment ISA, is a savings account that lets you invest your money and avoid paying UK income or capital gains tax.

Once you've opened an account, you can choose to invest in funds, shares, bonds, and other types of investments. You can withdraw your money whenever you need to, and you can contribute up to £20,000 a year - this is the maximum ISA annual allowance.

What is a Stocks & Shares ISA

Get your ISA cashback offer

New customers who open an ISA and start a transfer of, or deposit, £2,000 or more before 29 February 2024 will receive a £100 to £1,500 cashback payment.

Once the transfer is complete and additional terms have been met, we'll pay your cashback into your Trading Account. Once you've opened an ISA, a Trading Account can be added for free.

Simply open an account to get started. Cashback paid after 12 months. Terms apply.

Benefits of a Stocks and Shares ISA 

  • Tax benefits: You won’t pay any capital gains tax on the profits you make when selling stock within your ISA. You also won't pay tax on UK dividends or on income earned on bonds. Learn more about ISA tax benefits.
  • It can beat cash: Although not guaranteed, investing in the market has historically driven much greater profit than keeping money in a savings account or a cash ISA.
  • Freedom to choose where your money goes: From stocks and shares to funds, trusts, ETFs, government and corporate bonds and more. A stocks and shares ISA lets you access a huge range of investment opportunities. You can even invest in line with your beliefs and values through ethical and sustainable ISA portfolios.
  • Inheriting an ISA is easy: Your spouse can inherit your stocks and shares ISA if you pass away, they would receive the value of your account as an additional one-off allowance.

How much can I invest in an ISA?

You can save up to £20,000 every tax year (6 April to 5 April) - this is known as your Annual Allowance.

If you contribute more then you may have to pay tax on your investments.

Tax treatment depends on your individual circumstances and may be subject to change in the future.

Learn more: ISA allowance

How to open a Stocks and Shares ISA

You will need a debit card to confirm your identity and your National Insurance number.

1

Open an account

It takes just 10 minutes to open your ISA.

2

Invest or top-up

You can invest up to £20,000 every tax year.

3

Choose how to invest

Our low-cost Quick-start Funds are an ideal way to get started.

Our pricing

We offer two different plans for Stocks and Shares ISA. When you open an account you will start on our £4.99 a month Investor Essentials plan. Should your investments grow above £50,000, you will move onto our £11.99 a month Investor plan.

Investor Essentials

£4.99 per month

Invest up to £50,000 with the basics. Includes:

  • A Stocks and Shares ISA
  • A Trading Account
  • Free regular investing

Investor

£11.99 per month

Invest over £50,000 on our most popular plan. Includes:

  • A Stocks and Shares ISA
  • A Trading Account
  • As many Junior ISAs as you have children
  • A free monthly trade
  • Free regular investing

Additional fees

  • UK and US trades cost only £3.99
  • Our regular investing service is free if you invest at least £25 a month. 
  • Other fees such as stamp duty and foreign exchange charges may apply.

Read our full charges for more.

Why choose the ii Stocks and Shares ISA?

  • Low, flat fees - these could save you money and help you achieve your goals sooner.
  • More opportunities - choose from one of the widest range of investments on the market.
  • You're in control - check on your investments any time, anywhere with our secure mobile app.
  • We've got your back - our UK-based team is rated 'excellent' on Trustpilot.
  • Learn from the best - impartial information from our analysts, including selected funds, ready-made portfolios and our award-winning newsletters.

What our customers say

How does a stocks and shares ISA work?

  1. A stocks and shares ISA is a savings account that lets you invest in a wide range of stocks, funds, bonds and other investment products.
  2. Once opened, simply add money and choose where you want to invest it.
  3. You can withdraw your money at any time, or keep trading until you reach your goals.

Learn more: Your ISA allowance | ISA investment ideas | ISA guides

ISA FAQs

Learn more about our Stocks and Shares ISA

Learn how to make the most of your Stocks and Shares ISA with our useful guides.

Investment ideas

Need inspiration? Our experts are here to help you get started.

ISA charges

Learn more about Stocks and Shares ISAs fees and charges.

Transfer an ISA

It's easy to transfer Stocks ISAs and Cash ISAs to ii.

Junior ISA

A tax-efficient way to invest in your child’s future.