Isa For April 6 2014

smurfchops | 11:57 Wed 05th Mar 2014 | Business & Finance

6 Answers

This is probably a silly question, but when do we find out the Rates for next year's ISAs? Is it after 5th April 2014??

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Leucocyte

£11,760 is the allowance - the cash limit is £5,880

grasscarp

The interest rates for the cash ISA are very low for 2014. Only slightly higher if you lock the money in for several years.

chrissa1

Aanndd, do you have to wait until that date to transfer an Isa to one giving a better rate? Sorry to but in, smurfchops.

smurfchops

Question Author

I know about the allowance, its next years interest rate I was enquiring about. I think it would be better to leave my savings in my Santander 123 account, apparently after tax I am getting 2.4%.

factor-fiction

You won't get more than 2.4% in an ISA unless you take out a deal of 3-5 years.
Just go on the MSE sites to find the best rates and if you are worried that these firms can change rates at any time then go for a fixed rate deal

furrypusscat

You can transfer ISA's anytime.

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