Cash Isas are falling out of favour – but there are deals to be found if you can lock money awayIt’s tough for savers: the best-paying easy-access cash Isas – from Virgin Money and Leeds building society – pay just 1.21% interest. Meanwhile, official data earlier this month showed that inflation remained high at 3% in January – meaning savers are losing money in real terms.That may help explain why cash Isas have collapsed in popularity, with government data showing a £20bn fall in the amount invested in the space of 12 months. Continue reading…
Source : theguardian.com
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