skip to main content
ISA Limits /

2019 ISA Limits

ISA Limits for 2019/20

An ISA can provide a tax-efficient home for your savings. The ISA allowance for the 2019/20 tax year is £20,000. Use the tables on this page to compare our selection of the latest cash ISA deals.

Fixed Rate Cash ISAs

1 Year Fixed Rate Cash ISA

from Aldermore

Interest Rate (AER) 0.60%
  • Term: 1 Year

Open a 1 Year Fixed Rate Cash ISA with Aldermore Bank to get a great return. 

2 Year Fixed Rate Cash ISA

from Aldermore

Interest Rate (AER) 0.85%
  • Term: 2 Year

'Winner' – ISA Provider of the Year for the 5th year running Consumer Moneyfacts Awards 2011-15

3 Year Fixed Rate Cash ISA

from Aldermore

Interest Rate (AER) 1.00%
  • Term: 3 Years

'Winner' – ISA Provider of the Year for the 5th year running Consumer Moneyfacts Awards 2011-15

  • £1,000 minimum opening balance

Calculate your interest with this plan

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

An ISA (or Individual Savings Account) is a common legal way to save money without paying tax on the interest you earn. The amount you can place into an ISA is set by the UK government and changes each year with the new allowance coming into effect at the start of the tax year on 6th April.

There are two different ISA savings limits, one for standard ISAs and lower limit for Junior ISAs (open to people under the age of 18).

Providers do not normally allow you to exceed this limit, so if you were to accidentally attempt to pay too much into an ISA, the payment should simply be rejected outright or quickly refunded back into the account you paid in from.

How much is the ISA allowance for 2019/20?

HMRC set the following ISA limits for the 2019-2020 tax year:

  • ISA - £20,000
  • Junior ISA - £4,368

You can have a single ISA or split your money between several different ISAs. This allows you to split you money between different providers and/or keep some in cash and some in stocks and shares or one of the new types of ISA recently introduced.

Types of ISA

There are 3 main types of ISAs you can consider. You are free to choose how to split your money between the various kinds of ISAs – you can place all of your money into a single kind, or divide it between the different kinds to suit you.

Cash ISAs – The most basic kind of ISA, this allows you to pay money in and earn tax-free interest on it. There are a few different types of cash ISA, including fixed term ISAs, flexible ISAs (which allow you to take money out and put it in with no penalties) and Help to Buy ISAs designed to help first time buyers save up for a deposit on a house.

Stocks and Shares ISAs – If you are looking to earn a higher return on your savings and don’t mind an element of risk, a stocks and shares ISA can allow you to invest your savings into company shares in a variety of ways. This still gives you the same tax benefits as a standard ISA, but does come with the same risk as any investment in stocks and shares i.e. that the value of your investment can go down as well as up.

Innovative Finance ISAs – The government now allows innovative finance ISAs which are peer-to-peer loans to be held within ISAs, allowing lenders to earn tax-free interest on loans arranged through peer-to-peer platforms.

Who are ISAs suitable for?

Every adult should have some savings in cash for security and easy access in the event of an unexpected emergency. Experts suggest that this should equate to approximately three months' salary. A cash ISA is an ideal home for rainy day funds if you are a taxpayer, as many ISA accounts provide an instant access option. As with all savings accounts, it's important that you shop around for the best deal.

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

What is a Peer to Peer ISA?

18th September 2020

A Peer to Peer ISA sounds complicated – but to the experienced and keen investor, it can be a great way to diversify your portfolio, try a new, innovative form of investing, while benefiting from the tax benefits associated with an ISA account. But what exactly is a Peer to Peer ISA, and which ones should you be looking at? 

Newsletter Signup

Sign up to our Newsletter to get exclusive news and offers direct to your inbox.

About us is a trading style of Fair Investment Company.

We've been comparing and recommending ISAs for many years so you can trust you're in good hands.

About us

4.74 Average

23 Reviews


I found the way the different options are presented very clear - much more useful than some other comparison sites. I sent it to my daughter as well.


Very informative, find myself a good ISA account with best return in terms of interest.


Easy to use website and up to date. Saved the link on my tablet.

Rob Holden

The website was very useful and informative.

Andrew Johnson

ISA can be confusing at first and this site includes a useful and helpful introduction into the world of ISAs


Excellent website - clear and helpful information about different products - and a trustworthy partner.


Easy to use website and up to date. Saved the link on my tablet.


Really simple to use and all the information was clear with lots of products available. The interest calculator was really handy too. Have bookmarked and will definitely use again.

Hannah Gordon

This was a really user-friendly site, and was very helpful when it came to comparing accounts and choosing my 2016 ISA.


Easy to use website and up to date. Saved the link on my tablet.


If you wish to invest in an ISA this site has it all. A super comprehensive range of simply explained products from all the major companies.

Cristina Iacob

Very knowledgeble company with an extensive range of services, a great website with loads of useful information.


Nice graphics and easy to navigate

Dr Alan Rogan BSc PhD FCIOB FCABE Eur Ing

Good advice and professional approach


Very helpful for getting my annual ISA

Jonny Doulton

Clear, concise and very professional outfit with an excellent choice of market leading deals.

Paul Tissington not only helped narrow down my choices for a Junior ISA but also provided additional practical information that helped demystify the whole process.

Sunil Karadia

Just the site I needed, I have been looking for a suitable ISA for a while, but as there are so many to choose from, find it difficult to find the right one for me.

James Weatheritt

I found the information on very helpful and easy to understand. The site is easy to navigate and find what you're looking for.

Lisa Holden

I found very insightful and easy to navigate through. The content was useful and helped me make my ISA decision.

Neta Pourhosseini

I thought the information provided was easy to understand and very informative, I would recommend to friends for deffinite.

Robert Murray

Great selection of Isa products, useful information and a very user friendly site