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can I top up my isa now before end of tax year to gain intrest
bethA84
Posts: 1 Newbie
I have a cash isa can i top it up now to the maximum before the tax year ends as does the interest get paid based on the total amount in the isa on the 5th April ?
allowing me to gain the most of this interest payment ? - then once the interest has been paid can i look at taking if back out to invest in a higher rate fixed saving account.
allowing me to gain the most of this interest payment ? - then once the interest has been paid can i look at taking if back out to invest in a higher rate fixed saving account.
0
Comments
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No, interest is paid pro rata, i.e. money that's in there for a week will earn a week's worth of interest, rather than a year's worth!0
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