What are the ISA subscription limits?
You can subscribe up to £7,200* in a tax year and only £3,600* of this can be invested in a cash ISA in that tax year.
For example, you could subscribe:
- £3,600 to a cash ISA and £3,600 to a stocks and shares ISA.
- £2,000 to a cash ISA and £5,200 to a stocks and shares ISA.
- Nothing to a cash ISA and £7,200 to a stocks and shares ISA.
See our guide to ISAs.
*ISA limit changes: As from 6 October 2009, ISA limits will be increasing for those customers who will be 50 or over on 5 April 2010 (ie born on or before 5 April 1960). The ISA limits will increase from £3,600 to £5,100 in a cash ISA and from £7,200 to £10,200 in total to cash ISA and Stocks and Shares (investment) ISA.
From 6 April 2010 the new limits will apply to all customers.
For example, if you are eligible for the ISA allowance increase, you could subscribe:
- £5,100 to a cash ISA and £5,100 to a Stocks and Shares ISA.
- £4,000 to a cash ISA and £6,200 to a Stocks and Shares ISA.
- Nothing to a cash ISA and £10,200 to a Stocks and Shares ISA.