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What is the advantage in opening today?

Pastmaster · 2005-03-25 13:45:46

I don't have a cash isa but intend opening for next financial year. Is there any advantage in opening before 5 April? if so, what is it? There surely can't be much interest gained in a few days.

Comments

cheerfulcat Posts: 3,418 Forumite

28 March 2005 at 8:32AM

Hobo wrote:

Oh right thanks cheerfulcat, so its £3k now or loose it

Yep! And to go back to your original question, that's the advantage in opening an ISA before the 5th of April; an extra £3000 (or £7000 in s&s ISAs) tucked away tax free, at least until 2010.

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