ISA Rates

If you just have cash to invest and do not require a stock portion to your ISA then you should get yourself a cash only ISA. These are more commonly know as mini cash ISAs and they offer the simplicity of a regular savings account while giving you the tax free benefits that all ISAs bring.

If you really want to get the best cash ISA with the highest rates then you may want to take a look around at one of the many best buy tables that will allow you to compare cash ISA rates from many of the big banks and other savings institutions at once. Alternatively, to narrow down the options there are often lists of the top 10 cash ISAs to be found on some of the bigger financial advice websites.

One thing to consider when you are looking for the best mini cash ISA is whether or not they allow you to transfer money from any existing ISAs you may have to the new account. If you follow our advice on the best cash ISA transfer accounts then you can get a higher rate of interest on all of your savings.

You should make sure that before opening new cash ISAs you are familiar with the rules set out by the government. There are limitations put on such accounts regarding how many you can open in any one year and how much you can invest so being familiar with the cash ISA rules is vital to make sure you stay legal.

Do all of this and you can benefit from the highest interest rates on any of the many cash ISAs out on the market right now.