Compare cash ISA rates
|
|
|
ISAs or Individual Savings Accounts are a special tax free scheme launched by the government in 1999 to encourage people to save money. There are two types of ISAs, cash ISAs and stocks and shares ISAs.
ISAs are tax free as long as all of the conditions are met. Mini cash ISAs no longer exist. They were abolished by the government in 2007 and automatically became cash ISAs from April 2008. Maxi cash ISAs were also abolished in 2007.
The current limit on the amount you can invest in an ISA is £5,340 per year in a cash ISA. You are also allowed to invest a further £5,340 in an investment ISA otherwise known as a stocks and shares ISA or you can invest £10,680 in an investment ISA but if you do this you can’t invest any money into a cash ISA in the same year. The ISA deadline for investing each year is the 5th April.
Related Articles
|
ISA Countdown: Part three: Fixed rate cash ISAsIn the 3rd part of our ISA countdown the focus is on fixed rate cash ISAs. If you are looking for a fixed tax-free return on your savings that has little risk then one of these ISA products may appeal. |
|
ISA Countdown: Part two - The best cash ISA dealsIn the second feature in our ISA countdown we reveal the top ten best cash ISAs currently on the market and what to look for when you choose one. |
|
Cheshire BS launch new Direct Cash ISA that pays 3.06%The Cheshire Building Society has launched a new ISA that pays 3.06 per cent until 30th September 2013 when the bonus rate ends. |
|
Last chance to invest in an ISAIf you want to beat the 2010-11 ISA deadline then you need to move fast because the deadline for most providers is close of business today (April 5th). |
|
Leeds BS launches fixed rate ISA range with accessLeeds Building Society has introduced a selection of one, two and three year fixed rate ISAs offering access to 25 per cent of the funds at any time. |
- ISA Countdown: Part two - The best cash ISA deals
- Yorkshire launches new two-year cash Isa savings account
- Santander improves ISA rates
- Easy access Cash ISA?
- Santander launch new cash ISAs
- Bank of Ireland launches new range of cash ISAs
- Santander improves ISA rates
- Savers 'should take advantage of their cash ISA allowance'
- Leeds BS launches fixed rate ISA range with access
- ISA Countdown: Part one - Top tips and best ISA options





