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MSE News: Is it still worth saving in a cash Isa?

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Then you have to go through the hassle of transferring every year because the rate has dropped, and that always has a few days of lost interest involved.
For lower rate taxpayers it's hardly worth the hassle.
Not if you look ahead and fix the rates whilst times are good? All my cash ISAs were fixed for 4 or 5 years at the outset. They're beginning to mature from this next year ... but earning an average 6%.
But I did decide to put last years into Funds within an ISA ... because of the low cash rates. And that was outperforming the Cash ISAs by a factor of 9 ......... until I diluted it by adding the further (over 50) £3k in late Oct.
Interest rate differences often occur in short term periods. However, ISA is really a long term wrapper.
But if you have spent years building up your cash in an Isa, then switching is not a good idea clearly as you lose the tax benefit with the prospect of rates going back up (eventually).
Having seen a thread on the forum recommending m&s 3 year fixed rate of 4% Isa (with £100 penality for early withdrawal), I am opting to switch my cash isa funds to that.
After all where willl you get 4% after tax with a regular saving account at the moment (unless you are lucky enough to have fixed it a few years back).
I do have a gripe about Isas - it seems they are good if the times are good but very bad for savers when times are bad. And if we all put money away into Isa, where will government get its taxes from?
I made the mistake until recently of saving with one ISA provider. Having builtup a nice sum can be a hindrance. I need to keep some of the money in easy access and I would like to put the other in a fixed rate. The banks don't let you do this as they don't allow partial transfers :You have to transfer the lot.
I do have another fixed rate ISA as I have learned not to put it all in one place with an ISA.
Some ISA providers will permit partial transfers, some won't.
Excellent ..... but I trust you're keeping pace with the best rates? If you're looking long term it's a good idea to fix the rates when they're high. Which obviously rules out the current trough.
I wouldn't want £60k long term at the mercy of variable rates.