Idea
What Is an ISA? Your Tax-Free Savings Account
by
iFAST Global Bank
If you're looking to grow your money without handing a portion to the taxman, an ISA (Individual Savings Account) might be your best financial friend.
ISAs are designed for UK residents to save or invest tax-free. Whether you're earning interest, dividends, or capital gains, you won’t pay a penny in tax. That’s more money working for you, not the government.
Types of ISAs
It’s nicer to save in an ISA! Here’s a quick breakdown:
Cash ISA: A safe and simple savings account with tax-free interest. Great for low risk savers.
Stocks & Shares ISA: Invest in funds, stocks, and bonds. More risk, but more potential reward over long term.
Innovative Finance ISA: Lend through peer-to-peer platforms or crowdfunding. offering the potential for higher returns alongside increased risk.
Lifetime ISA (LISA): Designed for first-time homebuyers, retirement savings or cases of terminal illness. Save up to £4,000 per year and get a 25% government bonus!
Junior ISA: Tax-free savings for your child’s future. Locked until they turn 18.
* iFAST Global Bank offers a Flexible Cash ISA. Investment and other ISA types are not currently available.
How Much Can You Save?
Every tax year (6 April to 5 April), you get a fresh ISA allowance. For 2025/26, you can deposit up to £20,000 across any combination of ISAs, all year round. Make the most of it. Once the year ends, any unused allowance is gone for good!
Why Choose iFAST Global Bank’s Flexible Cash ISA?
Want a smarter, more flexible way to save? Our Flexible Cash ISA is designed with real-life savers in mind, giving you the freedom to withdraw, replace money, and earn tax-free returns you deserve.
✅ Earn 3.25% AER (variable) *
Watch your savings grow faster with an attractive interest rate.
✅ Tax-free savings
Your profits, your pocket, not the tax man's - save up to £20,000 all year round from 6 April 2025 to 5 April 2026.
✅ Instant access, zero penalties
Need your cash? No problem. Withdraw anytime with no fees or loss of allowance*.
✅ Monthly interest payouts
Enjoy regular returns that you can see and use each month.
✅ Truly flexible
Withdraw and re-deposit during the same tax year without losing your ISA allowance—something not all ISAs allow.
Ready to Take Control of Your Savings?
Whether you're planning big, building a buffer, or making the most of your tax-free allowance, our Flexible Cash ISA lets you save smarter, with freedom and flexibility built in.
Start growing your money today!
iFAST Global Bank – Banking without Boundaries
*Interest rates are variable and may change at any time. The rates shown are correct as of 2 July 2025. T&Cs apply.
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iFAST Global Bank is a member of the Financial Services Compensation Scheme (FSCS).
iFAST Global Bank is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority. Our Financial Services Register number is 716167. We are registered in England and Wales, our company number is 4797759.
Please note that the provided details serve as general information and should not be considered as financial advice or endorsements. We strongly advise customers to diligently carry out their own research and consider seeking expert guidance for tailored financial choices.
