Which ISA

kitty_and_gucci_2008

Hi All,

I am looking to save money for around 1-3 years and would like to know are there any ISAs which don't allow me to withdraw money from my savings and I would like to save what ever I can afford each month rather than a set amount, but dont want any access the moeny I will be putting in.

Thanks.

Baldur

Probably better posted in the ISAs, Toisas, Peps & Tessas forum.

There are fixed rate Cash ISAs, most of which don't permit access to the funds until the end of the fixed rate term or penalise you for early withdrawals. Some allow you to add to the initial deposit while the product is still available but many, if not most, require a one-off lump sum deposit.

Easy access variable rate Cash ISAs are the ones which usually permit regular deposits but, as their name suggests, don't lock your money in.

See this post and here for the various types of Cash ISA which are available.