Make ISAs work for you

Published on 1 January 1970 by Raffick Marday

Consumers who have moved their savings from bank accounts to ISAs in the hope of better returns are being disappointed by how much interest they actually get, but it needn't be like this.

Julie Smith from Fair Investment Company says that savers shouldn’t put up with poor ISA rates and moving finances around isn't actually that difficult.

They don't need to move back to regular bank accounts either, as becoming a 'new' ISA customer again will offer them a better rate and it will keep their tax free status.

Ms Smith warns investors to be vigilant though, as in many cases customers don't realise how far their current ISA rate has fallen.

Newsletter

Receive updates direct
to your inbox..

Copyright 2017 :: Compare Prepaid :: All Rights Reserved 27D Bruce Street, Dunfermline, Fife KY12 7AG. +44 (0) 843 886 9544 - Email Us