Stocks & Shares ISA

Money shouldn’t just sit there. Invest for the future with as little as £1, and you won't pay tax on your earnings.

The value of your investments could go up or down and you could get back less than you put in.

The taxes you pay depend on your circumstances and could change in the future. You need a Monzo current account to use Investments. UK residents 18+. Ts&Cs apply.

What's a Stocks & Shares ISA?

Our Stocks & Shares ISA is a separate, tax-free account designed for long-term growth, helping your money take meaningful steps towards your goals.

Managed by experts, with simple fees and no jargon.

Open a Stocks & Shares ISA

Invest in what matters to you

Without a penny paid in tax on anything you earn

Keep it simple

Careful, balanced or adventurous - pick a diversified ready-made fund based on your attitude to risk.

Or build your own portfolio

Focus on topics that interest you, emerging industries or certain parts of the world. We have 14 investments to choose from. Check out the full range.

Invest on autopilot

Turn on regular investing, invest your spare change or automatically invest the interest you earn on your savings.

FSCS protected

We’re a fully regulated UK bank and your eligible deposits are protected by the Financial Services Compensation Scheme (FSCS). Your eligible investments are protected up to £85,000 per person.

Check out our Understanding FSCS protection article if you’d like to learn more.

How to open a Stocks & Shares ISA

Open a free Monzo current account

It takes less than 10 minutes to apply, straight from the Monzo app.

Create an Investments account

Once that’s sorted, head to the ‘Investments’ area, tap ‘Start investing’ then choose a ‘Stocks & Shares ISA’.

Choose your funds

Depending on how comfortable you are with riding ups and downs, and the kinds of companies you want to invest in.

Open a free Monzo account

Simple, transparent fees

No minimum fees, trading fees or sneaky 'admin' fees.

You’ll pay a 0.45% platform fee (or 0.35% with Monzo Perks or Max) and ongoing management fees that differ depending on the investments you choose. See a full breakdown of fees for each investment in the app.

Your fees accrue daily, and are charged monthly.

Is a Stocks & Shares ISA for me?

That depends on a few things. Do you:

Understand the differences between saving and investing?
Have an emergency fund?
Know that the value of investments can rise and fall and you could get back less than you invest
Feel ready to invest the money for the long term - think at least five years?

If you answered yes to those then you could be ready to get started.

Check out our Investing 101 article for more info on the basics of investing.

Open a Stocks & Shares ISA

Questions? We've got answers

How do you open a Stocks & Shares ISA?

First, you need a Monzo current account, then you can open a Stocks & Shares ISA in the Investments area of the app.

How does a Stocks & Shares ISA work?

Stocks & Shares ISAs are a way to invest tax-efficiently, you can invest up to £20,000 each year and any interest you earn will be tax-free.

The taxes you pay depend on your circumstances and could change in the future.

Can I transfer a Cash ISA into a Stocks & Shares ISA?

Yes, you can transfer a Cash ISA into a Stocks & Shares ISA as long as you stick within the £20,000 allowance.

What happens to any income from a Stocks & Shares ISA?

Any income (increases in the value of your investments) that you earn from your Stocks & Shares ISA is tax-free. That means you won’t have to pay tax on it at any time - even if you sell your investments or withdraw the money.

The taxes you pay depend on your circumstances and could change in the future.

How long should I plan to invest for?

You should plan to invest for at least 5 years.

Am I eligible to apply for a Stocks & Shares ISA?

If you’re a UK resident aged 18+ and you have a Monzo current account, you can apply for a Stocks & Shares ISA.

Can I withdraw money from a Stocks & Shares ISA?

Yes, you can withdraw money at any time.