Maxi ISAs

Find out what happened to Maxi ISAs...

Maxi ISAs no longer exist - they were part of the old system that was replaced on April 6 2008. All Maxi ISAs have been reclassified as Stocks and Shares ISAs or Cash ISAs.

The tax free savings system has been simplified since the days of Maxi ISAs, and the allowances have been raised. Now there are just two types of ISA:

Whereas before, you could not open a Mini ISA if you already had a Maxi ISA, you may now have both a Stocks and Shares ISA and a Cash ISA and pay into both during the same tax year, as long as you do not exceed the cash ISA limit, and your combined deposits do not exceed the stocks and share limit. If you had a Maxi ISA and are confused about the changes, read our FREE Guide to ISA Changes.

Click on the link below to compare our top ISA picks in an easy to use table:

 Important Risk Information:

This website contains information only and does not constitute advice or a personal recommendation in any way whatsoever. The value of investments and income from them can fall as well as rise and you may not get back the full amount invested.

Investments in Stocks & Shares ISAs do not contain the same degree of capital security as investments in deposits. Stocks and shares ISAs are designed as medium to long term investments of, for example, five years or more. The tax efficiency of ISAs is based on current tax law and there is no guarantee that tax rules will stay the same in the future.

Different types of investment carry different levels of risk and may not be suitable for all investors. Please ensure that you read the Important Risk Information for further details. Prior to making any decision to invest, you should ensure that you are familiar with the risks associated with a particular investment and should read the product literature. If you are in any doubt as to the suitability of a particular investment, both in respect of its objectives and its risk profile, you should seek independent financial advice.