IG savings rates — compare every account, plus switch offers and guides

Who they are

IG was founded in 1974 by British financier Stuart Wheeler - making it one of the oldest investment platforms in the UK by some distance. It became the first company to offer spread betting, allowing investors to speculate on gold prices rather than buying physical gold , which was restricted under UK exchange controls at the time. Today it is a very different beast. IG Group is a UK-based online trading provider, headquartered in London, with a market value of £4.5 billion as of January 2026 and access to trading in 19,000 investment markets. It is regulated by the Financial Conduct Authority and listed on the London Stock Exchange as a constituent of the FTSE 100.

The ISA on offer

IG's savings product on DepositScout is its Stocks and Shares ISA - a DIY wrapper rather than a cash savings account. You choose your own investments from a wide range of shares and ETFs, so there is no fixed interest rate. Share dealing on stocks and ETFs is commission-free within a UK GBP ISA account , which keeps ongoing costs low for buy-and-hold investors. You can build a portfolio from over 12,000 shares and ETFs , covering UK, US and international markets.

IG is currently running a cashback transfer offer: you can receive up to £5,000 cashback when transferring at least £10,000 into a Stocks and Shares ISA. Terms apply, so check the current conditions directly with IG before transferring.

On FSCS protection, IG's ISA carries a split cover - investments are protected up to £85,000 and uninvested cash up to £120,000 per person under the FSCS scheme. That is worth noting if you plan to park meaningful sums of uninvested cash inside the wrapper.

Is it right for you?

IG suits confident, self-directed investors who want a broad choice of investments and a platform with serious heritage behind it. The 0.70% foreign exchange fee can make frequent international investing more expensive than with some competitors , so it is worth factoring that in if US or European stocks are central to your strategy. IG's pricing rewards frequent traders and larger accounts; casual investors should watch for frictional costs.

As with any stocks and shares ISA, your capital is at risk and the value of investments can fall as well as rise.

The live rates and offer details shown on this page are always the most up-to-date figures - worth a check before you decide.