What is the Stocks & Shares ISA and how does it work?
A Stocks & Shares ISA is a type of Individual Savings Account (ISA) which allows you to invest your savings in the stock market. By investing for the long term, you could earn more on your money than if you were to deposit into a savings account, however it’s worth noting that the value of your investments can go up and down, and you could get back less than you invest.
With the Moneybox Stocks & Shares ISA, you can invest in our range of tracker funds, ETFs, and US stocks. You can also hold funds as Available Cash, earning 3.8% AER (variable).
You can pay up to £20,000 each tax year into an ISA, however this limit is shared between any other ISAs you hold.