Secure it in cash and choose funds later.
Cash Park lets you hold some or all of your 2017/18 tax-efficient ISA allowance in cash, so you can choose how to invest your money when you’re ready.
With your method of payment and your National Insurance number to hand, it shouldn’t take longer than 5 minutes to open your Stocks and Shares ISA using Cash Park.
Cash Park allows you to hold some, or all of your investment within your ISA in cash. This allows you secure your ISA allowance now, and decide when and where to invest later using or range of guidance tools.
In the present low interest rate environment, Cash Park is currently not paying any interest. If it does start paying interest in the future, we will update this page to notify you. Interest will be calculated daily on a pro-rata basis and re-invested in your ISA Cash Park holdings at the end of every month.
The value of investments and the income from them can go down as well as up so you may get back less than you invest.
If you invest in an ISA there is no capital gains tax on growth and no income tax on interest. The value of tax savings and eligibility to invest in an ISA depend on personal circumstances. All tax rules may change in future. If you redeem ISA holdings, you cannot reuse that ISA allowance.
This information is not a personal recommendation for any particular investment. If you are unsure about the suitability of an investment you should speak to an authorised financial adviser.
Our UK-based Fidelity Personal Investing team may call you to help you with any queries you may have concerning the process.