Written by Isa guides
With less than three weeks to go before April 5th - the cut off point for investment in ISA’s for the current tax year - Barclays has launched a new “no catches” ISA that it hopes will appeal to those investors who haven’t yet used up their 2006/7 ISA allowance.
The new tax beater cash ISA offers an interest rate of 6.5 per cent AER, although this includes a one per cent interest rate bonus only paid in the first 12 months. …continue reading the story
called Barclays launches new cash ISA
Written by Isa guides
Next to come under our ISA spotlight is Barclays, which offers three primary kinds of ISA which all benefit savers in different ways depending on their outlook and requirements.
The bank describes its Mini Cash ISA as a kind of “umbrella”, sheltering the interest you earn on your savings from the predatory advances of the taxman. This investment lets you save up to £3,000 per annum without paying tax on the interest, and prides itself on the instant access a saver has to their money. It also has a tiered set of interest rates - meaning that the more somebody saves, the more they earn. …continue reading the story
called ISA Guide - Barclays