FAQ About Individual Savings Accounts

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one year ago | alfred

Are there age limits for opening an ISA?

Yes, you must be aged 16 or over to open a Cash ISA and 18 or over to open a Stocks and Shares ISA or Innovative Finance ISA. To open a Lifetime ISA (LISA), you must be aged 18 to 39 years old.

Other Questions About Individual Savings Accounts

What is Individual Savings Accounts (ISAs)
What is the difference between ISA and other saving accounts?
What is ISA allowance?
Is it worth getting an ISA?
Disadvantages of an ISA?
How much money could an ISA save for you?
What is a Lifetime ISA (LISA) and how it works?
Can I have more than one ISA?
What happens if I exceed my ISA allowance?
Are ISAs protected by the Financial Services Compensation Scheme (FSCS)?
Can I transfer my ISA to another provider?
Can I withdraw money from my ISA at any time?
Are there age limits for opening an ISA?
What are the different types of ISAs available?
How do I open an ISA account?
What is a flexible ISA and how does it work?
Can I move funds between different types of ISAs?
Can I contribute to a spouse or partner's ISA?
What are the tax benefits of investing in an ISA?
How does the interest on an ISA work?
Can I hold stocks and shares in my ISA?
Are there any restrictions on the investments that can be held in an ISA?
How do I manage my ISA investments?
How does an ISA impact my eligibility for government benefits?
Can I use my ISA to save for a home purchase or education expenses?
What happens to my ISA if I move abroad or change my residency status?
See all questions about Individual Savings Accounts