ISAs still behind fixed rate bonds

ISAs still behind fixed rate bonds | moneyfacts.co.uk

While the ISA market has been weakening ever since the personal savings allowance came into force. the latest base rate rise doesn’t appear to have helped matters. Our latest data shows that fixed rate ISAs are still falling behind fixed bond rates.

While the ISA market has been weakening ever since the personal savings allowance (PSA) came into force – which allows basic rate taxpayers to earn £1.000 in interest tax-free every year since 2016 – the latest base rate rise doesnt appear to have helped matters.

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