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ING Cash ISA

Had an email from ING offering 3% for 1 year with instant access ,just wondering if to put this years allowance into this as theres not a lot else better around at present.Any better offers around without tying money up?

Comments

  • pvr
    pvr Posts: 38 Forumite
    Part of the Furniture 10 Posts Combo Breaker
    The issue I can see about this isa is that the rate is fixed for 1 year. As the consensus is that the base rate will rise, the 3% interest on this account will not.
  • slinga
    slinga Posts: 1,485 Forumite
    Part of the Furniture 1,000 Posts
    ING rate 3%

    Inflation rate ????

    The younger you are surely the less attractive any cash ISA is?????????
    It's your money. Except if it's the governments.
  • curlygirl1971
    curlygirl1971 Posts: 1,367 Forumite
    Part of the Furniture Combo Breaker
    Hi,

    The ING is one of the better ones around at the moment for instant access (sadly!), but have a look at Santander's 3.2%. It's instant access and the 3.2% includes a guarantee that they will give you BOE plus 2.7%, hence the current 3.2. As BOE may well rise in next year this account is likely to earn slightly higher interest at some point. I don't think there are any instant access that don't have variable rates or rates that will last beyond 12 months

    Take a look at Kazza242's thread - on post no.1 he keeps a list of the best ISA options
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