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Compare Investment ISAs /

Compare Growth ISAs

Find the best growth ISA to make the most of your tax free allowance this year.

Investment ISAs put your capital at risk & you may get back less than you originally invested

Stocks & Shares ISA

from Interactive Investor

Allows ISA Transfers
Regular Savings
  • Fund Choice: Access 40,000+ UK, US and international shares on 17 global exchanges. Choose from over 3,000 funds.
  • Invest From: £25 pm
See Deal Open an ISA before 31 December and get £100 cashback. New customers only, invest £5k or more. Terms & fees apply. Capital at risk.

Stocks & Shares ISA

from AJ Bell

Allows ISA Transfers
Regular Savings
  • Fund Choice: Invest in over 2,000 funds, shares and more across 25 markets. Invest from £25 per month. Which? Recommended Provider for Investment Platforms 2019–2023. Low-cost online dealing from £1.50. Open your account in minutes from app or website, manage your portfolio on the move. FSCS protected. Capital at risk
  • Invest From: £25 pm
See Deal

Stocks & Shares ISA

from Shepherds

Allows ISA Transfers
Regular Savings
  • Fund Choice: Invest in the Shepherds With Profits Fund which offers medium to low risk investing, with the aim of growing your money in a smooth manner over the long term. Please note: As with all investing, your capital is at risk you may get back less than you have put in. The value of the ISA will depend on the performance of the investments and any bonuses cannot be guaranteed. Additionally, if investment conditions are poor, we may apply a Market Value Reduction (MVR)
  • Invest From: £30 pm
See Deal

Stocks & Shares ISA

from InvestEngine

Allows ISA Transfers
Regular Savings
  • Fund Choice: Offering commission-free DIY investing or low-cost, professionally managed income or growth portfolios built for you. Capital at Risk
  • Invest From: £100
See Deal

Stocks & Shares ISA

from Wealthify

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose your risk profile and have an investment Plan built and managed for you
  • Invest From: £1
See Deal

Stocks & Shares ISA

from Tillit

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: From well-known classics to trailblazers and wildcards, TILLIT filter the market and select the best-in-class active and passive funds across asset classes, regions and styles. No one needs 5,000 funds. Get breadth and variety, without the choice paralysis
See Deal

Stocks & Shares ISA

from Fidelity

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose from over 4,000 investment options, including one of the widest fund ranges in the UK. With online guidance tools and expert fund ideas to help you choose. Capital at risk
  • Invest From: £25 pm
See Deal

Stocks & Shares ISA

from Hargreaves Lansdown

Allows ISA Transfers
Regular Savings
  • Fund Choice: Choose from over 3,000 funds, shares, investment trusts and more to build your portfolio. Capital at risk.
  • Invest From: £25 pm or £100 lump sum
See Deal

Stocks & Shares ISA

from Best Invest

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: Over 2,500 funds, UK shares, investment trusts and ETFs or choose Ready Made & Managed Portfolios
  • Invest From: No minimum
See Deal

Stocks & Shares ISA

from & me

Allows ISA Transfers
Regular Savings
  • Fund Choice: Range of portfolios managed by investment experts from M&G Wealth, who continually review a range of factors and global trends to make ongoing decisions about where to invest, and find new opportunities with the potential to deliver long-term growth for investors
See Deal

Investment ISA

from Barclays Smart Investor

Allows ISA Transfers
Regular Savings
  • Fund Choice: Invest in over 2,000 funds, plus Exchange Traded Funds, Investment Trusts, Shares and more. 5 Ready-made Investment funds if you’re not sure where to invest. Capital at risk.
  • Invest From: Any amount
See Deal

My Money Builder Select ISA

from Scottish Friendly

ISA Option
Allows ISA Transfers
Regular Savings
  • Fund Choice: When you set up a My MoneyBuilder Select (ISA), your money will be invested in a single fund - the Unitised With-Profits fund. A mixed managed fund from Scottish Friendly where premiums are pooled with those of other clients and returns are linked to the performance of the underlying assets within the fund. Remember the value of investments can go down as well as up, and you could get back less than you’ve paid in. If you cash in before the end of 5 years there will be a £50 deduction from your cash-in value
  • Invest From: £10 pm o r £100 single
See Deal

Stocks & Shares ISA

from ChipX

ISA Option
Allows ISA Transfers
  • Fund Choice: Save and invest across investment funds, cash savings, and real assets
  • Invest From: No minimum
See Deal

Scottish Mortgage Investment Trust

from Baillie Gifford

Allows ISA Transfers
Regular Savings
  • Fund Choice: Scottish Mortgage Investment Trust is an actively managed by fund manager Baillie Gifford, investing in a high conviction global portfolio of companies with the aim of maximising its total return over the long term. Capital at risk.
  • Invest From: £25 pm
See Deal

Technology Trust PLC

from Allianz

Allows ISA Transfers
Regular Savings
  • Fund Choice: Award winning investment trust offers investors access to the fast moving world of technology. The fund invests in stocks worldwide that have the potential to become tomorrow’s Apple or Google. Capital at risk.
  • Invest From: £25 pm
See Deal

Sustainable Leaders

from Royal London

Allows ISA Transfers
Regular Savings
  • Fund Choice: Invests in companies that are likely to benefit from measures taken to improve the environment, human welfare and quality of life. Capital at risk.
  • Invest From: £25 pm
See Deal

What are Growth ISAs?

ISAs are designed to provide a tax-efficient wrapper for your savings, so if you're looking to invest for growth, they offer you a range of options available to you depending on your attitude to risk.

You can invest in a wide choice of funds, offering high levels of potential growth for your ISA allowance.

  1. Growth ISAs are intended as medium to long term investments, so you can typically expect short-term volatility.
  2. Growth ISAs tend to have a stronger focus on investing in stocks and shares
  3. Growth funds tend to be higher risk funds, and so they are ideal for those looking to build their savings, or pensions, over longer periods of time.

The key to making the most of your investments is to figure out what you hope to achieve before you start. Everyone's objectives are different, so the trick is to find the investment method that best reflects your personal financial goals.

How much can I invest in a growth ISA?

As with all ISA options, you have a maximum isa allowance to invest each tax year. You have the option to invest your full allowance in either type of ISA, or invest some in a cash ISA and the remaining balance in a growth ISA or another type of stocks and shares ISA. However, you can't have more than one type of stocks and shares ISA in any given tax year.

Why invest your ISA allowance for growth?

If you're looking for an investment that will pay back in time, with the added bonus of tax-efficiency, a growth ISA could be a good choice for you. Growth ISAs are best for those who are happy to wait five years or more to access their money, and who aren't looking for immediate income as a priority. Growth ISAs offer investors the opportunity to spread their ISA allowance across a range of funds featuring different investment risk profiles and growth objectives.

As well as offering the potential for good returns in the long term, investors who choose a growth funds using their annual ISA allowance won't need to pay capital gains tax on any returns made.

What if a growth ISA doesn't seem like the right option?

If you're likely to need to get hold of your money at short notice, an instant access cash ISA or an easy access cash ISA might be a better choice. Similarly, if you're risk-averse, a growth ISA probably isn't for you as this type of plan tends to be quite high risk as a rule. If this is an issue for you, you might want to look into a different type of investment plan.

Oliver Roylance-Smith
Edited by Oliver Roylance-Smith - ISA.co.uk

Frequently Asked Questions

You will be charged an annual management charge from your investment ISA provider, and you may also need to pay ad hoc administration and dealing charges.

The funds you invest in may also charge an annual fee. 

Your investments can go up as well as down, and so you should always be prepared for the event that you could lose money.

You can withdraw money at any time from your Stocks and Shares ISA.

An Investment ISA is a good idea as long as you understand the risks involved and you’re comfortable making your own investment decisions. You could lose money on your investments, but they could also significantly outperform other ISA investment options.

Yes, you can transfer from your Cash ISA to a Stocks and Shares ISA at any time. However, do check you won’t lose out by transferring, as some Fixed Rate Cash ISAs may charge a fee or void your interest if you surrender your policy before the fixed term has ended

Important Risk Information:

Capital at risk. Tax treatments depend on your individual circumstances and may change. 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.

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