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best isa for regular saver?
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1815VIL
Posts: 20 Forumite
want to put £1500 away up front then add each month,any ideas as to the best one to go for?thanks:beer:
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There don't tend to be special ISA accounts for regular savers - you'll just want a standard variable rate cash ISA. (Fixed rate ISAs generally don't allow you to add cash after you have made the initial deposit)
If you are prepared to give a long period of notice for withdrawal you will get a better rate. It also depends whether you want to operate the account by post or phone or branch or internet.
Have a look at the list here0 -
There is a case for taking out a regular saver type account (ideally in March or April, but any time will do) and saving up £5,100 towards the following year's ISA allowance in that.
When it matures, pay the proceeds in to the best ISA you can get.0
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