20 things you need to know about ISAs

It's ISA season and we know you will be looking for all the tips you can get when it comes to the best options for saving!


Fortunately help is at hand - we're celebrating 20 years of ISAs by sharing everything ISA, from history to tips, to help you make the most of your tax-free savings. We're sharing something you might not know about ISAs for every year they've been available, so take a look at our list of things you need to know.

1. ISAs were first launched on 6th April 1999


2. ISA stands for Individual Savings Account


3. Interest earned on all Cash ISA savings are 100% tax free


4. From 6th April each year (to match the tax year) every person aged 16 or over receives an ISA allowance


5. For this tax year running from 6 April 2019 to 5 April 2020, the annual subscription limit is £20,000


6. An ISA can only be opened in a sole name – joint accounts are not permitted


We'll update the list every Friday so keep checking back for the next batch of tips! Or follow us on Twitter, Facebook, LinkedIn and Instragram for a new daily tip sent straight to your feed.


Do you want to make the most of tax-free savings? Here you can find a range of our ISA products which do not contribute towards your personal savings allowance.