ISAs

Make the most of this year’s ISA allowance with a Cash ISA or a Stocks and Shares ISA.

About ISAs

ISAs (Individual Savings Accounts) are tax efficient accounts to save or invest into.

Each tax year you get an ISA allowance, which sets the limit on how much money you can pay into ISAs. This tax year, you can pay in up to £20,000. The £20,000 can be spread across all your ISAs.

There are four types of ISA: cash ISAs, stocks and shares ISAs, Lifetime ISAs and innovative finance ISAs. You can add money into one of each type of ISA every tax year. For example, this tax year you could add some of your ISA allowance to a cash ISA and a stocks and shares ISA, but you cannot pay into two different cash ISAs unless you do an ISA transfer.

Next steps

If you’re interested in opening an ISA, you can compare the different types of ISAs we offer below.
To learn more about ISAs, read our ISA guide.
If you feel an ISA isn't for you, take a look at our other savings accounts and investment options.

The value of your investments and the income from them can go down as well as up and you may get back less than you have invested. We don't provide advice so if you're unsure about making your own investment decisions please seek advice from a qualified Financial Advisor.

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

Important legal information

Lloyds Bank plc. Registered office: 25 Gresham Street, London EC2V 7HN. Registered in England and Wales No. 2065. Lloyds Bank plc is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under registration number 119278.

Eligible deposits with us are protected by the Financial Services Compensation Scheme (FSCS). We are covered by the Financial Ombudsman Service (FOS).

Save the Change® is a registered trademark of Lloyds Bank plc.

AER stands for Annual Equivalent Rate and illustrates what the interest rate would be if interest was paid and compounded once each year. As every advertisement for a savings product, which quotes an interest rate, will contain an AER you will be able to compare more easily what return you can expect from your savings over time.

Gross rate means we will not deduct tax from the interest we pay on money in your account. It’s your responsibility to pay any tax you may owe to HM Revenue and Customs (HMRC).

The tax-free rate is the contractual rate of interest payable where interest is exempt from income tax.