Santander stocks & share isa - or something better?

I've had a Santander stocks & share isa for quite a few years which is not earning much money.
I stopped paying into it a few years ago, 6(?), as it increasing very slightly each year so thought I'd put the spare cash into the cash isa while I was saving for a house deposit.

There is about £4k in the stocks and shares, which I have no intention of using for a long time, but was wondering if there is a better stocks and shares isa which preforms better than Santander, or could someone recommend something better to earn interest on this money?

Thanks in advance for any replies:D

Comments

  • jimjames
    jimjames Posts: 18,548 Forumite
    Part of the Furniture 10,000 Posts Photogenic Name Dropper
    What matters is the funds inside the ISA but unfortunately pretty much any non bank ISA would be better than Santander as they would give much wider selection of funds at lower cost and better performance.

    A few to look at are HL.co.uk, Best Invest, Cavendish and Fidelity. The difference is that you would have to choose the funds inside your ISA wrapper which may have been done for you at Santander.
    Remember the saying: if it looks too good to be true it almost certainly is.
  • B'stard
    B'stard Posts: 161 Forumite
    I don't know much, if anything, about stocks and shares. I have kind of forgotten about this money I have in the Santander account as I don't pay into it any more - I receive a statement each year which jogs my memory about it.

    I was hoping to invest, or save, the £4k somewhere and forget about it till I receive a statement to show how good, or bad, the money has increase/decreased.

    I can "lock away" this money for 5-10 years so would a fixed rate saving account be better ? - obviously no-one has a crystal ball...
  • ses6jwg
    ses6jwg Posts: 5,381 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    For that sort of amount it might be better to just take a hit, cash it in and put it towards this years Cash ISA allowance or next years if already used.
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