ISA Limits

Mini ISA

There are two types of Mini ISA - a cash ISA, and a stocks and shares ISA. You can open each ISA with a different ISA manager if you prefer to. The amount you can invest in each tax year (6 April to 5 April ) is fixed. You can invest up to:

• £3,000 in a cash ISA
• £4,000 in a stocks and shares ISA

You cannot invest in more than one Mini cash ISA, or more than one Mini stocks and shares ISA in the same tax year.

Maxi ISA

A Maxi ISA can include both cash and stocks and shares. However, whichever way your investment is split, it counts as one Maxi ISA. So you can only open one Maxi ISA in each tax year.

The total amount you can invest is £7,000 each tax year (6 April to 5 April). You can invest up to £3,000 of this in the cash element.