What ISA do you recommend.

fuzzytiger · 2 April at 9:15AM

Hello i’m recently 18 and looking to save up for university. I wanted to put my savings into an ICA but i wasn’t sure which one was best.

Ayr_Rage · 2 April at 9:29AM

None of the traditional banks.

Look at the likes of Trading 212.

wmb194 · 2 April at 9:38AM

Why only these options? I'd go for the best rate.

https://moneyfactscompare.co.uk/isa/easy-access-cash-isas/?quick-links-first=false&product-favorites-first=false&sort-order=AER&sort-order-text=Rate

If you have a lump sum of £20k+ HSBC has a good cashback offer which boosts its effective rates.

https://www.hsbc.co.uk/campaign/isa-cashback/

SFCooper · 2 April at 12:32PM

Prosper @ 4.7%

crashdesk · 2 April at 7:07PM

Beware that with Prosper the Boost portion is paid as a lump sum to your nominated bank account (not into the ISA)

bioboybill · 2 April at 7:10PM

Unless you earn over £1000 a year interest on any other savings you don't necessarily need an ISA.

dunstonh · 2 April at 7:51PM

What type of ISA? What objective?

WindfallWendy · 2 April at 9:59PM

lloyds

My Stocks and Shares ISA is with Vanguard, if that's one you are willing to consider. I like it a lot.

I was wondering whether people would be inclined to shove £20k in next week, or drip feed over 12 months ....🧐

SFCooper · 3 April at 10:04AM

From MSE directly:

“Interest is paid back into your ISA each month. The underlying interest rate is paid by Griffin Bank, but the 'boost' will be paid by Prosper.”

What ISA do you recommend. 1 vote