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Can a good savings account give higher intrest after tax compared to ISA?

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  • bigfreddiel
    bigfreddiel Posts: 4,263 Forumite
    A recent example, now coming to an end, was the Lloyds TSB Vantage current account which offered 4% pa gross - equivalent to 3.2% pa net. Until recently, 3.2% pa for a cash ISA was hard to come by.
    Hmmmmm my cash isas pay 4.4%, 4.5% and 5% respectively so that blows that argument out of the water.

    fj
  • thenudeone
    thenudeone Posts: 4,462 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    Nessie23 wrote: »
    I think it hasn't been mentioned yet, but you could consider tranfering you old ISAs (such as the Natwest e-ISA) to another provider giving you a better interest for example 3% and instant access.

    Fortunately I was one of the earlier Natwest e-ISA holders so I am still receiving 3.26% on my instant access e-ISA £30k+. I can't get that rate on any instant acccess ISA that allows transfers in.
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