ISAs

Create an ISA

Take control of your retirement and open a new ISA today.

Create an ISA

Transfer ISAs

Combine your ISAs into one place in three simple steps.

Transfer ISAs

mynestegg ISA explained in 75 seconds

To use the mynestegg service you must be aged between 18 and 75, be a UK Resident for tax purposes and have access to your email address and NI number.

The ISA allowance deadline ends soon!

Invest up to £20,000 this tax year

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What is an ISA?

An Individual Savings Account (ISA) is a tax advantaged savings and investment account available to UK residents.

  • Annual allowance

    Invest up to £20,000 each tax year (6th April - 5th April)

  • Tax benefits

    Your money can grow in value free of taxes

  • Withdrawals

    Withdraw money from an ISA anytime without tax penalties

  • Multiple ISAs

    Contribute to as many ISAs as you would like in each tax year

Why choose mynestegg?

mynestegg are disrupting the financial services industry by educating the UK public on how they can plan for their retirement. 

  • Free pension and ISA calculators
  • Globally recognised investment managers
  • Low fees so you can keep more of your returns
  • No entry or exit fees
  • 24/7 monitoring of your account on an ongoing basis at your fingertips

ISA FAQs

What is an ISA?
An Individual Savings Account (ISA) is a tax-free savings or investment account that allows you to make returns in a tax efficient way.
Can I have an ISA?
To open a Stocks & Shares ISA with mynestegg, you must be at least 18 years of age and be both a UK resident and UK citizen for tax purposes.
Are there different types of ISA?

There are four main types of ISA in the UK:

1) Stocks & Shares ISA: this is where your money is invested to try and achieve a growth that outperforms cash and inflation each year.
2) Cash ISA: you get a guaranteed interest rate in return for depositing your money into this type of ISA.
3) Junior ISA: these are used for children up to the age of 18 and can be either cash or stocks & shares with an annual allowance of £9,000.
4) Lifetime ISA: this product is used to either purchase your first home or for retirement purposes and your contributions received a 25% top up from the government up to £4,000 worth of contributions (£5,000 including the bonus). You can only open a Lifetime ISA between the age of 18 and 40 and if you want to access the funds for any purpose other than buying your first home or retirement, you will be subject to a 25% penalty.

What is my ISA allowance?
You can contribute £20,000 each tax year across all ISAs and can contribute to multiple ISAs each tax year. With a Lifetime ISA you can only contribute £4,000 per tax year and with a Junior ISA you can only contribute £9,000 per tax year. There is no lifetime limits on what you can contribute to ISA accounts.

Capital is at risk with all investments.