These days, it is especially important to save your money regularly. The situation on the job market is not particularly good, prices rise continually and thus you can never know when you will need a little bit of extra cash.
Cash Individual Savings Account from ING offers a simple and easy way how to save money. You can save already from £1 up to £5,340 for which you will not have to pay tax on your interests.
Moreover, you can access your money anytime you want without any loss of interest for withdrawal.
This saving account is available for both new and existing customers. It can be topped up regularly or paid in at once.
Main features:
- 3.00% AER (2.96% gross p.a.)
- Save from £1 up to £5,340
- Interest is calculated daily and paid monthly
- No loss of interest for withdrawals
Remember also that you cannot deposit more than £5,340 each tax year. This means that even if you deposit £5,340 and afterwards take out £500, you cannot pay another deposit until the next year.
If you paid more than the allowance, the bank reserves the right to send the whole amount back to you.
Cash Individual Savings Account (ISA) guide
In the guide you will learn not only what ISA tax-free savings are but also how to access or deposit money or what to do when the tax year ends.
In the majority of cases, your money will earn tax-free interests as long as they are in the ISA account, so it helps you to make the most of your savings.
If you have any more questions regarding the ISA, you can always contact the bank and they will be happy to discuss them with you.
Read more at http://portal-loans.co.uk/ing-cash-individual-savings-account/
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