ISAs have been protecting our money from tax for more than 20 years now. But with interest rates having climbed to decade highs, traditional savings accounts can still look attractive. Here we explain the differences between the two. What is an ISA? Individual savings accounts (ISAs) allow you...
Finding the best Cash ISA for you Take advantage of the vast benefits of a tax-free savings account by making sure that you get one with the best cash ISA rates available. The main benefit of a cash ISA is that you will earn tax-free interest on your savings. If your savings are ...
The 1 Year Fixed Rate Cash ISA from savings and lending bank Shawbrook pays interest of4.72% AER. There’s aminimum balance of £1,000 and a maximum balance of £250,000. As it’s a fixed ISA, you won’t be able to withdraw your money for the 1-year term without incurring char...
Byline: ALEX MORGANWITH interest rates at rock bottom and inflation climbing, it is tempting not to bother saving.Few accounts currently pay interest worth having, while the rising cost of living is eating into the value of anything you put away.But we all need savings to cushion us against...
If you are looking for a safe place for your savings with some added benefits, then a cash ISA is a good option. Compare the best cash ISAs to find the right account for you.
At a time when household deposits hit their highest amount since November 2022, picking the correct account in which to store your savings could add thousands. Using data from Moneyfacts, here are the market-leading ISA accounts this week. Easy access accounts Metro Bank is the top easy access...
A cash ISA for over 60s is an option if you are looking for a place for your savings with added benefits. Compare the best cash ISAs for over 60s to find the right account for you.
Rates up to4.8% AER Number of accounts7 Minimum investment£1 Opening optionsBranch, website, mobile app Pros and cons of a lifetime ISA Pros Earn tax-free interest on your savings A huge government bonus available every year until you turn 50 ...
Head over to our up-to-date list of the best current accounts in the UK, and keep an eye on our round-up of the best high-interest current accounts for the latest deals and offers. Additionally, you can find the best savings rates for your money in our article, 'Best savings ...
The best way to avoid paying tax on your savings is to put your money into an individual savings account. Moneyfacts cites the Newcastle Building Society account as paying one of the highest rates for a cash Isa. Its Isa Issue 2 pays 4.50 per cent but you have to deposit the full £...