Which ISA suits you?

You need to be 16 or over to have a cash ISA and 18 or over to have a stocks and shares ISAs. ISAs can only be opened in your name, not jointly with someone else. To open one, you’ll need to give us your National Insurance Number and date of birth, and be a resident and ordinarily resident in the UK.

Then all you need to do is decide which is more important to you.

Some of our cash ISAs are designed to let you get to your money quickly. Two of our cash ISAs give you a variable rate and easy access. You don’t have to give us notice to take money out and you won’t lose any interest. Check out our range to see which cash ISA might best suit you.

You can open some cash ISAs with as little as a £1, and start saving immediately.

If you can leave your savings untouched for over 1 year, our Fixed Cash ISA gives a fixed rate of interest and a fixed return on your savings.
You might not get the flexibility of the variable rate cash ISAs, but you do know what return you’ll get at the end of the period, whatever might happen to interest rates.

Our Scottish Widows ISA is an easy and tax-efficient way to invest in the stock market.

You should think of it as a medium to long-term investment of five to ten years, with the potential for growth. Because any growth is free of capital gains tax, it can be a very tax efficient way to help you make the most of your money.

But remember the value of your investment can go down as well as up, and you may get back less than you originally invested.