Interactive Investor


How many ISAs can I have?

How many ISAs can I have?

There is no limit to how many ISAs you can have in your lifetime. And as of 6 April 2024, the ISA rules have changed meaning 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 is still limited to one)

Types of ISAs

The main types of ISA are:

  • Cash ISAs which are like regular cash saving accounts, but any interest you earn is tax-free. 
  • Stocks and Shares ISAs which allow you to invest your money in the stock market. Any gains on your investments are tax-free. 
  • Lifetime ISAs which are for saving towards buying your first home or retirement. The government adds a 25% bonus to any money you contribute to a Lifetime ISA (or LISA). However, you cannot access the money until you are 60 unless you are buying your first house. 
  • Junior ISAs which are savings accounts for 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 and Shares ISA). 

Each tax year, you can contribute up to £20,000 in total across your ISAs. You can choose how to split this money between each type (you can contribute a maximum of £4,000 per year to a LISA). 

For example, you could contribute £10,000 to a Stocks and Shares ISA, £4,000 to a Lifetime ISA and £6,000 to a Cash ISA. 

There is a separate £9,000 allowance for Junior ISAs. 

How do you want to invest?

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 subscription. 

ii ISA

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 and bonds.

Then manage your investments yourself, with our expert insights and ideas always there if you need them.

ii Managed ISA

Do it for me

Sit back, relax and leave it to the experts with a Managed ISA.

We'll match you to a tailored 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.

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.

What is an ISA?

Learn more about how Stocks and Shares ISAs work.

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.