Smile !!!!!! (Smile ISA)

Member Name: POPPY

Product:	Smile ISA
Date:	07/08/00 (229 review reads)
Rating:

Advantages: High returns and tax free

Disadvantages: Those annoying adverts on t.v

When the ISA was launched I really had no idea what it was all about but onreading more I decided that this was a savings plan that would suit me.

I have a two year old daughter and decided that I would start saving my family allowance for her future so I wanted an investment plan that would give me tax free savings and a good return. A mini cash ISA sounded ideal to me as I would have access to the money without notice if needed and any interest would be free of U.K income tax and capital gains tax.

On looking for an ISA I was recommended Smile, their mini cash ISA pays a return of 7.25% AER and an application can be approved within minutes on their website, also the account can be opened with a minimum of £1.00 and the fact that your balance can be checked online is brilliant.
Smile issue you with a paying in book and then payments can be made through the post or through the post office.
The maximum amount that can be saved in year is £3,000 but you can save more if you are willing to put your money into stocks and shares ISA's.

The goverment have guarenteed that ISA's will run for at least 9 more years so take advantage now.

Summary: