Cash ISA vs Shares ISA given current interest rates

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  • Thanks @Tonski, @Beddie, @Albermarle, @VXman, @Hoenir, @jimjames

    But would I not be better in the first instance to invest in a Stocks and Shares ISA in order to use the tax advantages associated with ISA's?
  • jimjames
    jimjames Posts: 17,596 Forumite
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    Thanks @Tonski, @Beddie, @Albermarle, @VXman, @Hoenir, @jimjames

    But would I not be better in the first instance to invest in a Stocks and Shares ISA in order to use the tax advantages associated with ISA's?
    Definitely an ISA wrapper is better than a non ISA wrapper for investments. It's just the one you've chosen doesn't seem like the best option for the amount you're looking at adding
    Remember the saying: if it looks too good to be true it almost certainly is.
  • mr._prude
    mr._prude Posts: 162 Forumite
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    edited 19 December 2023 at 4:41PM
    Would not be paying those charges, have a look at Invest Engine, Trading212 or Vanguard for S&S ISAs.
    I'm sitting with 45% S&S ISA and 45% Cash ISA & 10% Gold
    With the S&S ISA split 90% equity 10% bonds)
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