Which ISA for me?
DilbertJones
Posts: 670 Forumite
I have £1580 to save, will be contributing at least £100 per month, may need to withdraw all very quickly, i.e 2-4 weeks notice
Which company shall i choose??
Thanks for your help
Which company shall i choose??
Thanks for your help
0
Comments
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Do you want branch, post, internet, telephone? Do you want monthly or annual interest? For details of all current products, check the comparison sites, eg https://www.moneyfacts.co.uk and https://www.moneysupermarket.com0
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I would like internet & monthly interest0
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robodan wrote:I would like internet & monthly interest
For regular saving it is worth considering regular saving ISAs because they pay higher interest:
Scarborough BS 6% ISA option
05/06 tax year - cash ISA - 5.50%+ post #35. Information here is not up to date though, Portman 7.5% ISA does not exist any more, for example.
However, you also have a lump sum. In this case I'd go for usual instant access ISA and used usual regular saving account (not ISA) for regular savings. When the regular saving account matures you can move money to an ISA.
Best instant access ISAs?
Halifax Regular Saver 7.00%
HSBC Regular Saver 8% (must have current account with them).0
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