Falling Choice in Cash ISA's Current Best Tax Free Savings Account
Personal_Finance / ISA's Apr 24, 2013 - 06:54 AM GMTBy: MoneyFacts
Moneyfacts research reveals a 23% fall in the choice of where to place your cash ISA this year compared to April 2012.
Not only have product numbers fallen but the rates last year were around a third higher than today, (one-year fixed has fallen by 32%/long-term fixed by 33%).
Since the start of 2013, the number of ISAs available has not noticeably increased despite the build-up to the biggest savings extravaganza in the calendar. At the same time, average interest rates paid on no-notice, notice and fixed rate cash ISAs have fallen across the board.
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