Property News · March 10, 2018

Cash Isa rates are on the rise – but there is a catch


Savers keen on grabbing the best rates will have to lock their cash away for a long timeCash Isa rates are allegedly on the up, though it may not feel like it. The best-paying easy-access cash Isas are offering little more than 1%, and to get 2.25%, the very highest rate out there, you would need to lock your cash away for five years.According to Defaqto, cash Isa rates have begun to rise for the first time in seven years. It says the average rate currently offered is 0.7%, compared with 0.53% a year ago. The number of cash Isas on the market has also increased, rising from 370 in 2017 to 446 now, it adds. Continue reading…

Source : theguardian.com
Read more…Cash Isa rates are on the rise – but there is a catch

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