Cash ISA vs Shares ISA given current interest rates

peetza_saver

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

peetza_saver said:

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

mr._prude

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)