National Savings ISA

First off, NS is the only Cash ISA backed by a Treasury garantee. I admit, the chances of your capital vanishing in most other Cash ISAs is very, very slim, but if you're planning to keep the cash in your ISA account building up compound interest for years or even decades, it's nice to know that the only way your capital can be at risk is if HM Treasury runs out of money. NS doesn't have the best interest rate out there. It was 6% a few weeks ago, and I think it went down to 5.75% about a week ago, compared with about 6.5% from the best ISA offerers, but it makes up for this in other ways. The first is consistency; NS don't seem to be ...  Read the complete review

I have just opened the above account. ISA's and other financial services always seemed a little bit of a minefield, but this account is simple and straightforward to use. A leaflet for the account can be found at Post Offices and explains everything you should want to know in plain English. Its a cash mini ISA, so that means you can save upto £3,000per annum and none of the interest will be subject to income tax. Opening an account is simple, all you need is £10. What has impressed me so much about the account is the many ways that you can pay money into the account-by post, Post Office or over the phone detailing your credit card ...  Read the complete review