An ISA (Individual Savings Account) is a tax-efficient savings account that allows you to save or invest your money without paying tax on the interest or investment returns you earn. These accounts are available to UK tax residents, currently giving an annual allowance of up to £20,000.
There are 4 different types of ISA accounts, and InvestEngine currently only offer a Stocks and Shares ISA. We are aiming to add different types of ISA in the future, keep an eye out on our Community page for the latest updates on this.
See also:
Who can open a Stocks & Shares ISA?
How much can I save in an ISA?