Compare Growth ISAs

Find the best growth ISA to make the most of your tax free allowance this year.

Investment ISAs put your capital at risk & you may get back less than you originally invested

Stocks & Shares ISA

from Interactive Investor

Regular Savings
Allows ISA Transfers
  • Fund Choice: Invest in UK, US and international shares & funds
  • Invest From: £25 pm
See Deal Get £100 worth of free trades. Capital at risk*

Good to know: An award-winning ISA that gives you complete control. The second largest platform in the UK with the widest choice of investment options in the market including funds, investment trusts, ETF’s and more. Open online in less than 10 minutes. Access to expert independent ideas and analysis. Low cost fees and trading. Capital at risk. *Offer ends 31 January. Terms & fees apply. New customers only

Stocks & Shares ISA

from XTB

ISA Option
  • Fund Choice: Choose from over 6900 instruments
  • Invest From: £10

Good to know: Invest in real stocks with 0% commission (for monthly turnover up to 100,000 EUR (then comm. 0.2%, min. 10 EUR)). Over 6900 instruments including Stocks, ETF’s, Investment Plans, Forex, Commodities and Indices. Earn 4.75% interest on GBP uninvested funds. Applying for an account is quick and easy with a secure online form, and you could be trading within minutes. Multilingual customer support team is ready to help you – 24h hours a day from Monday to Friday. XTB is one of the largest stock exchange-listed FX brokers in the world with 1 million+ customers and over 20 years of activity in the financial markets. Capital at risk

Show More

Stocks & Shares ISA

from InvestEngine

Regular Savings
Allows ISA Transfers
  • Fund Choice: Invest in Exchange Traded Funds (ETFs)
  • Invest From: £100
See Deal Get a Welcome Bonus of up to £50*

Good to know: Make the most of the world’s best ETFs commission free. Build your own portfolio commission free or leave it to our experts for just 0.25%. Zero‑ISA fees. Choice of 700+ ETFs. Low cost, diversified, index-tracking of stock markets, bonds and commodities. DIY or Managed. ETF costs apply. Capital at Risk. *When you invest at least £100 with InvestEngine (Capital at risk, Ts&Cs apply)

Stocks & Shares ISA

from Nutmeg

ISA Option
Allows ISA Transfers
  • Fund Choice: Nutmeg offer 5 investment styles with ETFs, using technology to keep charges low
  • Invest From: Min. £500

Good to know: Get a stocks & shares ISA portfolio – Choose one of five investment styles, either fully managed by Nutmeg’s expert team or a fixed allocation portfolio. No tie-ins, no set-up fees, no exit charges. Easy, online set up. Start with as little as £500. Portfolio management fees of 0.45%-0.75% up to £100k. 0.25%-0.35% beyond £100k. There are also underlying investment charges, see the fees page. Plus, live chat, amazing customer support and brilliant investor tools and guides. Nutmeg are regulated by the FCA & are covered by the FSCS. ISA eligibility and tax rules apply. Capital at risk. Approved by Nutmeg 09/08/2024

Show More

Stocks & Shares ISA

from AJ Bell

Regular Savings
Allows ISA Transfers
  • Fund Choice: Invest in UK, US and international shares & funds
  • Invest From: £25 pm

Good to know: Invest in over 2,000 funds, shares and more across 25 markets. Invest from £25 per month. Which? Recommended Provider for Investment Platforms 2024. Low-cost online dealing from £1.50.  Open your account in minutes from app or website, manage your portfolio on the move. FSCS protected. Capital at risk

Stocks & Shares ISA

from Wealthify

Regular Savings
Allows ISA Transfers
  • Fund Choice: Invest in managed portfolios
  • Invest From: £1

Good to know: Choose your level of risk from cautious to adventurous and have a plan expertly created and managed for you. Create multiple Plans – including Ethical Plans – with different risk levels. Invest as little or much as you like, add regular payments and top up whenever you like. Withdraw money or transfer out without notice or penalty fees. Wealthify app lets you check how your Plan is performing, manage your transactions and provide investment news and insights. Simple annual management charge of 0.6%

Show More

Stocks & Shares ISA

from Shepherds

Regular Savings
Allows ISA Transfers
  • Fund Choice: Invest in Shepherds Friendly With Profits Fund
  • Invest From: £30 pm

Good to know: You don’t have to make any tricky investment decisions; your money will be invested in Shepherds With Profits Fund, and the bonuses you could receive will depend on the future performance of the fund. To try to achieve higher returns for you, your money is invested in a variety of assets, the majority of which consist of stocks and shares, but also property, bonds and cash. While returns are not guaranteed in stocks and shares investments and the value can go down as well as up, Shepherds apply a process known as ‘smoothing’ that attempts to even out fluctuations in the value and aims to keep a consistent level of bonus payments. Capital at risk.

Show More

Stocks & Shares ISA

from Fidelity

Regular Savings
Allows ISA Transfers
  • Fund Choice: Invest in UK, US and international shares & funds
  • Invest From: £25 pm

Good to know: This award-winning ISA has an extensive range of investment options, including thousands of funds and shares, plus a guidance service to help you find investment ideas. There is a low service fee (typically 0.35%), easy online application process and apps to manage your money on the move. Additional charges apply depending on your choice of investments. Plus, everything is backed by Fidelity’s 50 years of investment experience. Boring Money Best Buy ISA 2023

Show More

Stocks & Shares ISA

from Hargreaves Lansdown

Regular Savings
Allows ISA Transfers
  • Fund Choice: Invest in UK, US and international shares & funds
  • Invest From: £25 pm or £100 lump sum
See Deal If you’re not 100% satisfied with the service in your first 12 months, close your account and let HL know*

Good to know: Hargreaves Lansdown are the UK’s no. 1 investment platform for private investors – kickstart your investing with their award-winning ISA. Choose your own investments with expert research and ideas to help you, or simply pick a ready-made portfolio. Manage via website, app or phone. Capital at risk. *HL will refund their annual account charge – no questions asked.

Stocks & Shares ISA

from Charles Stanley Direct

Regular Savings
Allows ISA Transfers
  • Fund Choice: Over 12,500 investments, or a choice of five managed funds
  • Invest From: No minimum

Good to know: Take charge of your investment decisions and invest from just £1 to build your investment portfolio from over 12,500 investments, from stocks and shares, funds, ETFs and more. Low platform fee is a maximum 0.30%. Alternatively choose an expertly managed portfolio by selecting from a range of five actively managed funds that most closely matches your investment objectives and risk appetite with an annual review to ensure to ensure your money is being managed in a suitable investment strategy. Advice is restricted to Charles Stanley Direct’s in-house funds and is subject to a minimum investment £20,000. Capital at risk.

Show More

Stocks & Shares ISA

from Moneybox

ISA Option
Allows ISA Transfers
  • Fund Choice: Choose from a range of 36 funds and ETFs and 20 US stocks. Select one of three simple starting options with a range of tracker funds or build your own investment portfolio by customising your investment options
  • Invest From: £1

Good to know: Choose from a range of 36 funds and ETFs and 20 US stocks to invest with Moneybox. Earn 3.5% AER Variable on any uninvested cash you hold. There are additional fees charged directly by the fund provider. Please check the key investor information document (KIID) for a particular fund for more information. Keep things simple and get started with one of our three starting options: Cautious, Balanced or Adventurous – and customise your investments to align with your values. Open with as little as £1. When investing, your capital is at risk

Show More

Stocks & Shares ISA

from TILLIT

  • Fund Choice: Invest in selected best in class funds

Good to know: Let Tillett filter the market for you. From well-known classics to trailblazers and wildcards. No one needs 5,000 funds. Get breadth and variety, without the choice paralysis

Stocks & Shares ISA

from Freetrade

ISA Option
Allows ISA Transfers
  • Fund Choice: Invest in UK, US and international shares & funds
  • Invest From: £2
See Deal Sign up to Freetrade and you'll get a free share worth £10 to £100*

Good to know: Commission-free investing: No fees for buying or selling stocks (other charges may apply). Support: Fast and friendly customer support. A wide range of investments: 6,100+ US, UK, and European stocks, ETFs, and investment trusts. Low monthly fees: From £4.99/month. Capital at risk. Other charges may apply. *T&C’s apply

Stocks & Shares ISA

from Beanstalk

Regular Savings
Allows ISA Transfers
  • Fund Choice: Choice of 2 Tracker Funds from L&G & Fidelity
  • Invest From: £10

Good to know: App based stocks & shares ISA account. Choose to allocate your contributions between the two funds on offer in whatever proportion you choose: a shares fund (Fidelity Global Index fund) which aims to track the performance of global stock markets and therefore large companies such as Amazon, Facebook, Google and Johnson & Johnson, and a cash fund (Legal & General Cash Trust fund) which aims to provide returns in line with money market rates. Annual fee of 0.5% on the value of any investments. Two funds with their own management fees of between 0.12% and 0.15%. Change your allocation at any point. Option to opt into Round ups – collected from your bank by direct debit on a weekly basis and invested in line with your investment allocation

Show More

Scottish Mortgage Investment Trust

from Baillie Gifford

Regular Savings
Allows ISA Transfers
  • Fund Choice: Scottish Mortgage Investment Trust is an actively managed by fund manager Baillie Gifford, investing in a high conviction global portfolio of companies with the aim of maximising its total return over the long term. Capital at risk.
  • Invest From: £25 pm

Scottish Mortgage Investment Trust is a popular fund which invests on a global basis. Stocks are carefully selected for their strong growth prospects. The trust aims to outperform world stock market indices over a five year rolling period. The managers see themselves as owners of companies rather than renters of stocks. The largest holdings include Tesla and Amazon.

Technology Trust PLC

from Allianz

Regular Savings
Allows ISA Transfers
  • Fund Choice: Award winning investment trust offers investors access to the fast moving world of technology. The fund invests in stocks worldwide that have the potential to become tomorrow’s Apple or Google. Capital at risk.
  • Invest From: £25 pm

Investment trust providing exposure to global technology companies. Allianz Technology Trust PLC is a UK listed investment trust that offers access to the investment potential of the technology sector. The Trust aims for long-term capital growth by identifying major trends ahead of the crowd and investing in stocks worldwide that have the potential to become tomorrow’s Apple or Google. The Trust invests in mid to large-sized technology companies, holding companies expected to benefit from the continued growth in particular sub-sectors of technology.

Show More

Sustainable Leaders

from Royal London

Regular Savings
Allows ISA Transfers
  • Fund Choice: Invests in companies that are likely to benefit from measures taken to improve the environment, human welfare and quality of life. Capital at risk.
  • Invest From: £25 pm

Why we like it: This fund works on a “best ideas” basis with 40 to 50 company holdings. The fund applies both negative and positive screening. There is also a focus on long-term themes and trends such as infrastructure and changing demographics. The fund has reasonable ongoing charges of 0.76% pa for an actively managed fund.

What are Growth ISAs?

ISAs are designed to provide a tax-efficient wrapper for your savings, so if you’re looking to invest for growth, they offer you a range of options available to you depending on your attitude to risk.

You can invest in a wide choice of funds, offering high levels of potential growth for your ISA allowance.

  1. Growth ISAs are intended as medium to long term investments, so you can typically expect short-term volatility.
  2. Growth ISAs tend to have a stronger focus on investing in stocks and shares
  3. Growth funds tend to be higher risk funds, and so they are ideal for those looking to build their savings, or pensions, over longer periods of time.

The key to making the most of your investments is to figure out what you hope to achieve before you start. Everyone’s objectives are different, so the trick is to find the investment method that best reflects your personal financial goals.

How much can I invest in a growth ISA?

As with all ISA options, you have a maximum isa allowance to invest each tax year. You have the option to invest your full allowance in either type of ISA, or invest some in a cash ISA and the remaining balance in a growth ISA or another type of stocks and shares ISA. However, you can’t have more than one type of stocks and shares ISA in any given tax year.

Why invest your ISA allowance for growth?

If you’re looking for an investment that will pay back in time, with the added bonus of tax-efficiency, a growth ISA could be a good choice for you. Growth ISAs are best for those who are happy to wait five years or more to access their money, and who aren’t looking for immediate income as a priority. Growth ISAs offer investors the opportunity to spread their ISA allowance across a range of funds featuring different investment risk profiles and growth objectives.

As well as offering the potential for good returns in the long term, investors who choose a growth funds using their annual ISA allowance won’t need to pay capital gains tax on any returns made.

What if a growth ISA doesn’t seem like the right option?

If you’re likely to need to get hold of your money at short notice, an instant access cash ISA or an easy access cash ISA might be a better choice. Similarly, if you’re risk-averse, a growth ISA probably isn’t for you as this type of plan tends to be quite high risk as a rule. If this is an issue for you, you might want to look into a different type of investment plan.

Frequently Asked Questions

Does a Stocks and Shares ISA cost money?

You will be charged an annual management charge from your investment ISA provider, and you may also need to pay ad hoc administration and dealing charges.

The funds you invest in may also charge an annual fee. 

Can I lose money in a Stocks and Share ISA?

Your investments can go up as well as down, and so you should always be prepared for the event that you could lose money.

Can I withdraw funds from a Stocks and Shares ISA?

You can withdraw money at any time from your Stocks and Shares ISA.

Is an Investment ISA platform a good idea?

An Investment ISA is a good idea as long as you understand the risks involved and you’re comfortable making your own investment decisions. You could lose money on your investments, but they could also significantly outperform other ISA investment options.

Can I transfer my Cash ISA into a Stocks and Shares ISA?

Yes, you can transfer from your Cash ISA to a Stocks and Shares ISA at any time. However, do check you won’t lose out by transferring, as some Fixed Rate Cash ISAs may charge a fee or void your interest if you surrender your policy before the fixed term has ended