If you are thinking of opening an ISA, you should carry out ISA comparisons, because there are many different options available.
ISAs are flexible tax-free savings accounts. You can keep your returns from savings and investments without being liable for tax, as long as you don't exceed the annual ISA allowance
There are two types of ISA:
You can put money in to both a stocks and shares ISA and a cash ISA during one tax year provided you do not exceed the annual allowance.
Compare leading cash ISAs: