What is the difference between an IF-ISA and the other types of ISA?
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Alexander Effingham
Growth Executive
January 14, 2025
There are many different categories of ISA that exist including:
Whilst these all benefit from the tax wrapper, here are some key differences:
Cash ISA:
You are holding cash in a savings product.
Stocks and Shares ISA:
You hold shares in an investment product.
Lifetime ISA:
You can hold cash, stocks and shares, or a combination of both.
Junior ISA:
There are two types of Junior ISAs: cash and stocks and shares.
IF-ISA:
You can hold a variety of assets, including: Peer-to-peer (P2P) loans, Debt-based securities, Mini bonds and cash.