If you're just getting started with investing, you might want to think about an Investment ISA.
Investment ISAs offer tax-free investing, putting your money to work using the long-term growth potential of the stock market.
Investment ISAs are normally considered medium to long-term investments, of at least 5 years but ideally 10.
You can invest up to £20,000 in the 2022/2023 tax year, less any amount subscribed to other types of ISA.
Tax-free means the funds grow free from tax, with the exception of tax we've already paid on your behalf (such as on dividends from UK shares).
If you're confused about ISAs and the different types and would like to know more, our guide could help.
If you can't decide between an Investment ISA and a Cash ISA, we've weighed up some important factors to consider for both.
Investing for your child? A Junior ISA could help you build a long-term investment, that's theirs and they can access it when they turn 18.