Interactive Investor

ISA FAQs

Can I have two Stocks and Shares ISAs?

Important information - investment value can go up or down and you could get back less than you invest. If you're in any doubt about the suitability of a Stocks & Shares ISA, you should seek independent financial advice. The tax treatment of this product depends on your individual circumstances and may change in future. If you are uncertain about the tax treatment of the product you should contact HMRC or seek independent tax advice.

The ISA rules have changed as of 6 April 2024. You can now have - and contribute - to as many ISAs as you want (except for Lifetime ISAs and Junior ISAs). Provided you don't contribute more than your £20,000 ISA allowance across them all.

If you want to transfer your Stocks and Shares ISA to a new provider you can still do this. If you transfer, you can continue to contribute to both your existing ISA and the new ISA that you have transferred to.

Learn more about transferring to Stocks and Shares ISA

Your chance to win £100k.

Open an ii ISA by 31 July 2024 to be in with a chance of winning our biggest ever cash prize: £100,000. 

How to enter the prize draw:

1. Open your ii ISA

  • You can open either a Self-managed or Managed ISA. Junior ISAs aren’t included.

2. Make a payment or transfer

  • Add £5,000 or more to your account to qualify for entry. Transferring an ISA to your new ii ISA counts too. 

3. We’ll automatically enter you

  • Top tip: open and add the minimum amount to another ii account and you’ll get another entry.

The lucky winner will be chosen at random within a month of the closing date. So keep your fingers crossed and eyes peeled for updates. 

Capital at risk. Terms apply.

Learn more about our Stocks and Shares ISA

Learn how to make the most of your Stocks and Shares ISA with our useful guides.

Investment ideas

Need inspiration? Our experts are here to help you get started.

What is an ISA?

Learn more about how Stocks and Shares ISAs work.

Transfer an ISA

It's easy to transfer Stocks ISAs and Cash ISAs to ii.

Junior ISA

A tax-efficient way to invest in your child’s future.