Cash Isas have been a popular go-to savings account for people who are looking to take advantage of their tax-free allowance, but since the Bank of England cut interest rates to 0.5 per cent in March 2009 cash Isa rates and savings rates generally have dwindled.

With a historic low of 0.93 per cent returns, Cash Isas experienced their worst year on record in 2017, with average returns at In contrast, the average stocks and shares Isa returned 11.75 per cent. Until either the personal savings allowance is withdrawn or challenger banks shake things up don’t expect much to change.


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The value of investments can go down in value as well as up, so you could get back less than you invest. It is, therefore, recommended that you seek full, personal advice in respect of your needs where all appropriate risks will be explained.