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Your ISA options

Hi there everyone, I have just been contacted by a company called Your ISA Options, they are offering "safe", low risk ISA's paying 5% FSCS backed. Anyone heard of them before, and if so what's been your experience?

Comments

  • eskbanker
    eskbanker Posts: 40,770 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    I have just been contacted by a company....
    To be honest, you can just leave it at that - reputable financial services businesses don't cold call.

    There is no such thing as "safe", low risk ISA's paying 5% FSCS backed, but various subsets of those words might be valid....
  • Alexland
    Alexland Posts: 10,561 Forumite
    Eighth Anniversary 10,000 Posts Photogenic Name Dropper
    edited 21 April 2020 at 7:10PM
    If they told you it's FSCS protected then that's highly likely to be dishonest. Many have lost all their money in similar schemes. Google what happened at London Capital and Finance who were also selling mini bonds through what appeared to be comparison sites.
  • Alistair31
    Alistair31 Posts: 987 Forumite
    Eighth Anniversary 500 Posts Name Dropper
    edited 21 April 2020 at 8:23PM
    If you have to ask...



    AVOID!
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