I opened a Virgin Fixed Rate ISA earlier in the tax year and deposited £10,000. I now have additional funds available and wanted to use up my ISA allowance – but I’ve been told I can’t as the fixed rate ISA is closed to new deposits and, apparently, I can’t even open an easy access with them too. Why not?
As we are now in the final month of the 2017/18 tax year, many savers’ attention will be turned to the cash ISA best buy tables as they either start planning for the new tax year or deciding where to put their current tax year allowance before it’s too late.
NS&I have launched a new issue of its popular three year Guaranteed Growth and Income Bonds. Paying a less competitive rate discover where you can get a better rate.
This week we have seen a sprinkling of new best buys enter our tables, rather than a blizzard – in stark contrast to the adverse weather conditions hitting many parts of the country.