What is the difference between a Stocks & Shares ISA and a Cash ISA?

Our Stocks & Shares ISA allows you to invest your money in a range of tracker (mutual) funds, ETFs, and some of your favourite US companies. Investing your money can provide higher returns than a Cash ISA over the long term (minimum of five years), however, as with all investing, your capital is at risk and you may get back less than you invest. 

Our usual investment account fees also apply to our Stocks & Shares ISA, which you can find in detail here. You can also read more about our Stocks & Shares ISA here.

The Cash ISA is a cash savings account and does not offer any investment options. To open a Moneybox Cash ISA, you’ll need to make a first deposit of at least £500, or transfer in an existing ISA from elsewhere. 

By keeping an account balance of £500 or more and not making four or more withdrawals in each 12-month period after opening your Cash ISA, you’ll earn a higher rate of, which for new Cash ISA customers includes a bonus rate for the first 12 months.

The number of withdrawals you can make without impacting your rate resets each year on the date you opened your Cash ISA. You can find more information about the account here.