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2018/19 isa
Novice1
Posts: 1 Newbie
I am a novice to ISAs, but have read they are a good way of saving. If I put £20,000 into an ISA paying 1.75% now at the end of the 2018/19 tax year, how much interest will I get?
0
Comments
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If you keep the £20K in there for a year, you'll earn £350 at the end of that 12 month period, regardless of whereabouts in the tax year you start.I am a novice to ISAs, but have read they are a good way of saving. If I put £20,000 into an ISA paying 1.75% now at the end of the 2018/19 tax year, how much interest will I get?
Cash ISAs aren't as tempting as they used to be, but read through the two main MSE articles to ascertain what's likely to be best for your circumstances:
https://www.moneysavingexpert.com/savings/which-saving-account/
https://www.moneysavingexpert.com/savings/savings-accounts-best-interest/0
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