Cash ISA interest rates plummet to new low

Cash ISA interest rates plummet to new lowNew figures have shown that interest rates on Cash ISAs (Individual Savings Accounts) have fallen to new lows. The research from Moneyfacts, the financial information website, has shown that the average interest rate on a Cash ISA has fallen to 1.74%, plummeting from 2.55% a year ago. The research backs up data from the Bank of England, which showed the average interest rate on Cash ISAs had fallen to 1.85% in December. The figures also show that ...

Savings: 8 Cash ISA tips for the end of the tax year

Hints and tips 150 px_istockThe end of the tax year is traditionally the time when savers make a mad scramble to use up their Cash ISA allowances for the current tax year. If you use Cash ISAs or think they might be for you, then before you make any final decisions read our top tips for getting the right Cash ISA at the end of the tax year. Tip 1: Use it or lose it This might sound obvious, but it’s probably the ...