Cash ISA - this works in the same way as a savings account. You can invest with a building society or bank, in cash unit trusts or National Savings. This is a good choice for short-term savings, especially if you want to access your money easily.
Stocks and Shares ISA - with this you can invest in the stock market and any gains you make will not be affected by Capital Gains Tax. For a better return you should invest for a longer period.
