Where Can I Get a Stocks and Shares ISA From?

POSTED ON Friday, 06 March, 2020

Investing into a Stocks and Shares ISA can be a great way for savers and investors to diversify their holdings – but where do you get them from? We’ve broken down the places you should be looking for your Investment ISA. 

Who can I get an ISA account from?

While they are an account, it would be a misnomer to call them a ‘bank account’ – as ISAs can be held with all types of institutions, not just banks.

You can get an Investment ISA with…

  1. Banks
  2. Building societies
  3. Financial Services Companies
  4. Credit Unions
  5. Friendly societies
  6. Peer to peer lending services
  7. Crowdfunding companies 

How do I go about opening an ISA?

The main factor which will dictate how you open an ISA is the provider you’ve chosen. Most providers support online 

  1. Online: Thanks to the advent of the digital age, most providers now support online account set-up, meaning you can open an account from your computer from the comfort of your couch. Check the website of your desired provider to see if this is possible.
  2. Phone: Many providers support the opening of ISA accounts via phone – check their website to see if this is the case, and if so they will have listed the number there.
  3. Bricks-and-Mortar Branch: Some providers, such as traditional banks, will allow you to open an ISA in-branch by a face-to-face meeting with a branch worker. 

Some providers support all three of these options – do your research and see what your desired provider offers to see where you should go to open your account. 

What do I need to open a Stocks and Shares ISA? 

To open an Investment ISA you’ll need…

  1. Your National Insurance Number 
  2. Your bank account details 
  3. You might need a debit card

You can’t open an Investment ISA with a credit card, so if your are asked for your card details you should give debit card information. 

How can I compare providers?

If you’re thinking about opening an ISA to utilise your tax allowance before the clock runs out, you’re going to want to shop around.

We’ve put together a page which compares the best rates on all kinds of ISAs from a variety of providers, which is an easy and convenient way to look at your options.