ISA Checklist
Make the most of your tax-free savings. Tick off items as you complete them.
0 of 12 items completed
1. Understand what an ISA is
Individual Savings Accounts let you save or invest money tax-free
2. Check your annual allowance
You can save up to £20,000 in ISAs in the 2025/26 tax year
3. Decide between cash or stocks and shares
Cash ISAs for saving, stocks and shares ISAs for investing
4. Consider a Lifetime ISA if eligible
Get 25% bonus from the government for first home or retirement
5. Look for flexible ISAs
Flexible ISAs let you withdraw and replace money without using your allowance
6. Compare ISA providers
Look at interest rates, fees, and ease of use when choosing a provider
7. Open your ISA account
You can open one of each type of ISA each tax year
8. Set up regular contributions
Make the most of your allowance by saving monthly
9. Consider transferring existing savings
You may be able to transfer old ISAs to get better rates
10. Remember the use it or lose it rule
Unused allowance does not roll over to the next tax year
11. Track your ISA usage
Keep records of what you have saved to avoid accidentally breaking rules
12. Review your ISA strategy annually
Check if your ISA still meets your needs as your situation changes
Next Steps
Once you have completed your ISA checklist: