What are the best cash ISAs (Individual Savings Accounts)?
Sorry there is no such thing as the best cash ISA for everyone. It depends on: • how long you intend to hold the money • if you need withdrawals or not • are you investing a lump sum or regular savings • are there penalties on withdrawals within a certain timescale • do you want a high street provider or does an internet only ISA suit you Should I try and find the best cash ISA or use a stocks and shares ISA? Once again there is no right answer for everyone. This should form part of the financial advice you obtain from an independent financial adviser or financial planner. However that being said, cash ISAs should certainly be considered to hold both medium and long term cash unless you already have a good emergency fund and prefer to invest you entire ISA allowance in a stocks and shares ISA. Generally speaking if you are not using your full ISA allowance on a stocks and shares ISA, you should certainly look into placing existing cash holdings into a Cash ISA. If you are unsure and ar
