Matthews IFA Ltd
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Banks' Low ISA Rates

Banks and Building Societies are 'stealing' up to £375 a year, as they insist on paying lower rates for tax-free cash ISAs than for those with taxable savings bonds. It is clearly unacceptable that these products are treated as cash cows by some banks, who are effectively shaving off some of the tax relief to boost their own profits.

Some banks play fair and pay the same rate on both types of account, so to find out who are the heroes and who are the villains, please read the article in the link below.

Banks low ISA rates.pdf

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