Individual Savings Accounts (ISAs) are a great way to make the most of your savings as you can save tax efficiently using your ISA allowance each tax year.
Annual ISA allowance
Each tax year you get an ISA allowance. A tax year runs from 6th April in one year, to 5th April the next.
If you are aged 50 or over by the 5th April 2010, you can invest up to £10,200 tax efficiently. Up to £5,100 of this can be saved in a cash ISA, with the remaining balance in a stocks and shares ISA, or the whole £10,200 can be saved in a stocks and shares ISA.
If you are not aged 50 or over by the 5th April 2010, you can invest up to £7,200 this tax year. Up to £3,600 of this can be saved in a cash ISA.
From the 6th April 2010, the increased allowance will apply to all customers.
All our ISAs are provided by Abbey National PEP & ISA Managers Ltd.
Super charge your savings with the Super Direct ISA
This cash ISA rewards you with an excellent rate of 5.50% AER tax free (variable) for 12 months when you pay the same amount or more into a separate qualifying investment product from Abbey. Apply for the Super Direct ISA today.
Bag a bonus with the Direct ISA
Manage your money online and enjoy fantastic tiered interest rates 3.00% AER tax free (variable) when you have £9k+ which includes the added boost of a 12 month variable bonus on your tax-free savings and the option to transfer in from other ISA providers too. Apply for the Direct ISA today.
Instant access with the Easy ISA
Welcome to the easy way to save. Instant access to your money whenever you want and benefit from tax-free interest. Apply for the Easy ISA today.
Watch your money grow with an Investments ISA
You could benefit from higher returns by investing in the stockmarket. With our Investments ISA you’ll get access to some of the world’s top fund managers. Apply for an Investments ISA today.
More ideas for your money
Get peace of mind with our Fixed Rate Savings products. Or you could enjoy higher returns with our range of Investments options.
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