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Investment ISAs /

Monthly Income ISAs

Monthly Income ISA Options

Tax Free Monthly Income Options For Your Annual ISA. You Can Transfer An Existing ISA Into These Plans If You Are Seeking A Higher Income Yield On Your Money.

What is a Monthly Income ISA?

A high income ISA is a way of using your ISA allowance that aims to provide you with a regular tax-efficient payment on your investment or savings, with an emphasis on achieving the highest income possible. This income may be paid on a quarterly, six-monthly, or yearly.

There are a variety of high income ISA accounts available, so it makes sense to shop around for the one that best fits your income goals.

Monthly income ISA limits

The maximum amount you can put into a high income ISA is subject to the ISA allowance limit. You can put all or part of this amount into a high income stocks and shares ISA, all into a cash ISA, or some in a high income cash ISA and the remainder in a high income stocks and shares ISA.

Types of monthly income ISA

There is a wide range of high income ISAs available. You can select income funds covering all major geographical regions of the world. You can choose income funds with different investment risk profiles and growth objectives, including income equity funds, bond funds, property funds, specialist funds, and cash funds.

Benefits of a monthly income ISA

  • A high income cash ISA allows you to combine a straightforward, tax-free cash savings account with the benefit of regular income payments.
  • A high income stocks and shares ISA could be a good way to use your ISA allowance to maximise your potential for income from your investments, especially at this time of low interest rates. The money you invest in a high income ISA can offer the potential for tangible tax savings.
  • If you are saving with your retirement in mind, a high income investment ISA could be an option to consider. Many people use their yearly ISA allowance to invest in high income plans - the result of which can generate a tax-free income during retirement. In fact, recent data shows that savers are now putting more money into ISAs than into pension schemes.

Before you take out a ISA

There are a wide range of ISAs available, whether you decide to use your annual allowance for a cash ISA, stocks and shares ISA or decide to break it up to open one of each kind it is worth thoroughly shopping around before hand, to make sure you find the product that suits your specific needs best. You can use the table on this page to compare a selection of ISAs from different providers.

Important Risk Information:

The value of investments can go down in value as well as up, so you could get back less than you invest. It is therefore important that you understand the risks and commitments. This website aims to provide information to help you make your own informed decisions. It does not provide personal advice based on your circumstances. If you are unsure of how suitable an investment is for you, please seek personal advice.

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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