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High Interest ISA

Investment Fund ISAs

High Income Trust ISA

from Legal & General

Income Yield 5.30% pa - Interest Payable Quarterly*
Why we like it: The Legal & General High Income Trust is designed for investors looking for income or growth from an investment in bonds. To see more information about this fund go to the L&G website and select "Pick your Own Funds". You can invest up to £20,000 this tax year, with a low minimum of £100 lump sum or £20 per month, and you can manage your account easily online. Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.

*Underlying yield as at June 2019

Hargreaves Multi Manager High Income

from Hargreaves Lansdown

Income Yield 4.36% pa - Interest Payable Monthly

Why we like it: The Hargreaves Multi manager High Income fund aims to deliver a high monthly income to clients by blending different types of funds and moving between different areas of the market when more attractive opportunities emerge. HL also aim to grow this income payment over time and therefore may invest in higher risk smaller companies they believe offer great potential for long term capital growth.

Legal & General Dynamic Bond Fund

from Legal & General

Income Yield 3.80% pa - Interest Payable quarterly

Why we like it: The Legal & General Dynamic Income Bond is designed for investors This fund is designed for investors seeking income from a specialised investment which can form part of their existing savings portfolio.. To see more information about this fund go to the L&G website and select "Pick your Own Funds". You can invest up to £20,000 this tax year, with a low minimum of £100 lump sum or £20 per month, and you can manage your account easily online. Please remember the value of your investment and any income from it may fall as well as rise and is not guaranteed. You may get back less than you invest.

*Underlying yield as at June 2019

Calculate your interest with this plan

Your savings:
£
You could gain:
£0.00 (per tax year)
Investment Income Plan ISAs

UK Conditional Quarterly Autocall Plan

from Hilbert

Allow ISA Transfers
Annual Income up to 7.00%
  • Counterparty: Citigroup
  • Term: Maximum 10 years
  • Up to 7.0% per year based on the performance of the FTSE 100 Index
  • Income paid even if Index falls by 20%
  • Quarterly payments
  • Plan can kick out after year two if Index risen by 5% or more
  • Capital is at risk if the FTSE 100 Index has fallen by more than 40% at maturity from it's initial level, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £5,000
  • An arrangement fee applies for this plan
  • Product designed to be held for the full term

Calculate your interest with this plan

Your savings:
£
You could gain:
£0.00 (per tax year)

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. There is a risk of losing some or all of your initial investment due to the performance of the underlying investment. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.

FTSE 100 Defensive Income Plan

from Investec

Allow ISA Transfers
Annual Income up to 6.40%
  • Counterparty: Investec Bank
  • Term: Maximum 8 years

If you’re looking for high income, then the ability to receive 6.40% per year even if the FTSE falls almost 20%, could be appealing.

  • Up to 6.40% per year based on the performance of the FTSE 100 Index
  • Income paid even if Index falls by 20%
  • Quarterly payments
  • Alternative option also available paying up to 4.80% pa if the FTSE doesn't drop by 40% or more
  • Capital is at risk if the FTSE 100 Index has fallen by more than 40% at maturity from it's initial level, in which case your initial investment will reduce by 1% for each 1% fall
  • Minimum investment £3,000
  • An arrangement fee applies for this plan
  • Product designed to be held for the full term

Calculate your interest with this plan

Your savings:
£
You could gain:
£0.00 (per tax year)

Important Information: Structured investment plans are not capital protected and are not covered by the Financial Services Compensation Scheme (FSCS) for default alone. There is a risk of losing some or all of your initial investment due to the performance of the underlying investment. There is also a risk that the company backing the plan known as the Counterparty may be unable to repay your initial investment and any returns stated.

Peer to Peer Lending ISAs

Classic Innovative Finance ISA (IFISA)

from easyMoney

ISA Option
Allows ISA Transfers
Interest Rate 7.28% annualised target return
  • Term: No Fixed Term
  • Invest From: £10000

Why we like it: Invest up to £20,000 this tax year and/or transfer in from an existing Cash ISA, Stocks & Shares ISA or IFISA. When you join the easyMoney family you will automatically become an easyMoney plus card member, offering savings up to 55% at over 100 of Britain’s biggest retailers and more! e-Money Capital Ltd trading as easyMoney is authorised and regulated by the FCA (FRN 231680). As with all investing, your capital is at risk when you lend to businesses and returns are not guaranteed. No FSCS. For more details please refer to our full risk statement.

  • 7.28% TAX-FREE through the Balanced Innovative Finance ISA
  • Minimum investment of £10,000
  • Secured by UK property
  • Maximum 75% loan to value
  • Buffer of 25% should the value of a property fall
  • You will automatically become an easyMoney plus card member, offering savings up to 55% at over 100 of Britain’s biggest retailers and more!
  • Also accepts ISA transfers from previous year's ISA's
  • As with all investing your capital is at risk when you lend to businesses. easyMoney reduces this risk by taking security over property
  • Returns are not guaranteed and your actual returns may vary
  • Capital is at risk
  • Must be aged 18 or older
  • Peer to peer lending is not covered by the FSCS

Calculate your interest with this plan

Your savings:
£
You could gain:
£0.00 (per tax year)

Premium Innovative Finance ISA (IFISA)

from easyMoney

ISA Option
Allows ISA Transfers
Interest Rate 4.05% annualised target return
  • Term: No Fixed Term
  • Invest From: £1000

Why we like it: Invest up to £20,000 this tax year and/or transfer in from an existing Cash ISA, Stocks & Shares ISA or IFISA. When you join the easyMoney family you will automatically become an easyMoney plus card member, offering savings up to 55% at over 100 of Britain’s biggest retailers and more! e-Money Capital Ltd trading as easyMoney is authorised and regulated by the FCA (FRN 231680). As with all investing, your capital is at risk when you lend to businesses and returns are not guaranteed. No FSCS. For more details please refer to our full risk statement.

  • 4.05% TAX-FREE through the Conservative Innovative Finance ISA
  • Minimum investment of £1,000
  • Secured by UK property
  • Maximum 65% loan to value
  • Significant buffer of 35% should the value of a property fall
  • you will automatically become an easyMoney plus card member, offering savings up to 55% at over 100 of Britain’s biggest retailers and more!
  • Also accepts ISA transfers from previous year's ISA's
  • As with all investing your capital is at risk when you lend to businesses. easyMoney reduces this risk by taking security over property
  • Returns are not guaranteed and your actual returns may vary
  • Capital is at risk
  • Must be aged 18 or older
  • Peer to peer lending is not covered by the FSCS

Calculate your interest with this plan

Your savings:
£
You could gain:
£0.00 (per tax year)

High Interest ISA

Technically, since there is no tax deductible on the interest gained in Individual Savings Accounts, each ISA can be considered a high interest ISA. However, there are certain ISAs that have much higher interests than others. These ISAs allows for a much greater return on investment regardless of the investment type, that is cash, stocks or shares. A high interest ISA is one that has a high interest rate throughout the entire term and mostly, these rates are fixed, as is the term of investment.

There are different types of high interest isa account:

Fixed rate ISA

In this account, the interest rate is pre-determined and fixed. Therefore the deposit made on this account gains a steady interest as per the set rate of interest. The set term for investment is annually. In the fixed rate ISA, which is arguably the highest interest ISA, the deposit or investment is made once. At the beginning of the term, the individual makes a single deposit or investment and cannot add more to the account. This ISA this therefore best for an individual with a fairly large sum of money and wishing to invest it all at once. After the deposit is made depending on provider criteria the individual usually cannot make any withdrawals from the account and has to wait until the end of the set term, which will depend on how long the term is for. Fixed rate ISA terms can vary typically from 1 year to 5 years. The interest gained is therefore greatly dependent on the initial deposit. An individual can deposit as high an amount as possible as long as it does not exceed the allowance limit, that is £20,000 for the 2017/2018 tax year.

Easy Access or Instant Access ISAs

These types of isa account can be instant access, easy access or notice accounts where it is possible to make regular deposits. An individual also has more flexibility with these accounts than with a fixed rate ISA. With these isa accounts the interest available may vary and may not provide the higher interest you can achieve through a fixed rate isa.

High Income ISAs

High income ISA ideas:

ISAs Products

Cash ISAs

Fixed Rate & Instant Access ISAs:

Cash ISAs: 

Stocks & Shares ISAs

Types of Stocks and Shares ISA include: 

Stocks and Shares ISAs

Latest News

How much can I pay into an ISA?

21st March 2019

Each tax year, there's a limit set by the government to the amount you can save and invest in ISAs: your “annual ISA allowance”. The allowances are intended to reward savers and encourage us to invest more to support our future retirements, without creating a tax haven that can be taken advantage of by very wealthy individuals who just want to avoid paying tax.

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