Cash ISAs offer a safe and low-risk way to save your money - and you can open an account with as little as £1 and have peace of mind knowing that up to £85,000 is protected via the Financial Services Compensation Scheme.
You have an annual contribution of up to £20,000 and any earnings are completely tax-free. You can invest in multiple ISAs where you put money into a cash ISAs, stocks and shares or peer to peer investments.
Use the comparison table provided by My Financial Broker to compare cash ISAs and find the best rates and terms. The average ISA is usually based on 1 to 7 years and offers 1.2% to 1.75% AER.