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ISA Change — From April 2027
The government has confirmed that from April 2027, the amount you can put into a Cash ISA each year will be cut from £20,000 to £12,000 for under-65s. The overall ISA allowance stays at £20,000 — but the extra £8,000 must go into a Stocks & Shares ISA or other wrapper if you want to use the full allowance. You have until 5 April 2027 to use the current £20,000 Cash ISA limit. Here's what to do. How the ISA Allowances Change
Over 65s are exempt: The £12,000 cap applies to under-65s only. Savers aged 65 and over can still deposit up to £20,000 in a Cash ISA from 2027/28.
What Should You Do Before April 2027?Best Cash ISA Rates — April 2026
Bottom line: The current 2026/27 tax year is one of the last chances to put the full £20,000 in a Cash ISA. If you're a cautious saver who prefers cash, use the full allowance this year and next. From 2027 you'll need to make harder choices about where to put the remaining £8,000.
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The Government Is Cutting Your Cash ISA Limit to £12,000 — What to Do Before 2027Cash ISA allowance for under-65s drops from £20,000 to £12,000 in April 2027. Here's what to do with your savings before the limit changes. 
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