Congratulations on opening your ISA with AJ Bell Dodl—your first big step towards financial growth made easy! Remember, your money thrives best with regular attention and straightforward management. That’s why adding cash to your ISA is beneficial and incredibly simple, ensuring the healthy growth of your investments effortlessly. Let’s make your financial future flourish with ease.
You get the best of both worlds
Not yet sure how to invest your money? You'll still earn interest on cash you add to your account whilst you work out how you want to invest it.
You like your money tax-free
Enjoy tax-free growth with an investment ISA, where your money remains entirely yours, untouched by taxes. Maximising your annual ISA allowance, you can invest up to £20,000 for the 2024/2025 tax year, allowing your investments to flourish without any tax on the returns.
Think about all the things you could do with that money - enjoy retirement, make home renovations, dream holiday, or save to study. The list is endless. Adding your cash to your ISA just means your money is working harder to achieve those goals faster.
Compound growth
Time in the market counts - starting earlier lets you benefit from compound interest. The earlier you add cash to your ISA, the more time you could have to benefit from compound growth. Simply put, you can earn returns not only on your initial contributions but also on the returns those contributions generate. Over time, this compounding effect can significantly boost your investments, helping you grow a bright financial future.
Flexibility and accessibility
You can easily manage your investments and access your money with AJ Bell Dodl's investment ISA. While you can diversify across shares and funds, and withdraw at any time, remember that withdrawals from this non-flexible ISA will count towards your annual allowance if redeposited. ISAs are best suited for long-term investing, not frequent access.
It’s easy to manage
With Dodl, managing your ISA is easy, especially if you’re just beginning to add cash to your account. Finances can be complicated, but adding cash and managing your ISA shouldn't be. Our user-friendly platform allows you to add cash and track and adjust your investments with ease. You have all the tools you need to stay on top of your financial goals, available at your fingertips via the Dodl app.
Ready to add cash to your investment ISA?
Adding cash to your ISA with Dodl is a smart, effective step toward building a secure financial future. Enjoy tax-free investing, maximise your investing, and benefit from the flexibility and ease of managing your investments. Start adding cash to your ISA today!
Read next:
Easy steps to add cash to your ISA
Read more in our:
🔔 Remember investing carries risk and nothing in this article should be taken as advice - Dodl doesn't give advice, but we do hope the info is helpful. ISA rules apply and can change.