Individual Savings Account Picks for the Season

People usually get time till 5 April (end of tax year)If you are interested in taking some risk but would not
every year to do savings in ISA to earn interest whichbe interested in tying for long duration, then 5 year
is tax free, on the money they save. As the deadlinesFTSE 100 Enhanced Kick Out plan ISA from Investec
come nearer, the banks as well as many buildingwhich gives an interest of 9.25 % each year which is
societies try to offer higher paying ISAs in order tofixed with a scope of Kick Out after a year.
attract the investors.Cash Picks for Individual Savings Account
Investors have a choice of investing their funds inIf you are interested in making investment in Cash ISA,
shares & stocks ISA or the cash Individual Savingsthen there is a 5 year capital protected deposit
Account. If you have already invested in the ISA butscheme of Investec which gives you an annual return
would like to shift to some other provider to takeof 4.75 % ( monthly 0.38 %) and can even be used for
benefit of high rate of interest being offered to youcash ISA transfer.
and earn some extra bucks before tax year ends,In the meantime, ING Direct has a Cash ISA which
then you have ample time for that, but you must plangives you guaranteed 2.50 % per annum. The
now to gain better.Natwest offers you a E cash ISA (for customers
Shares and Stock picks for the Individual Savingsonly), giving you a return of 2.50 percent.
AccountTransfer Picks for ISA
If you have any interest in structured plan of 5 yearIf you have already made investment in ISA but would
duration, then you have Structured Products from thelike to transfer to a better yielding account, then you
Investec, offering you a 62.5 % on maturity of itscan go for UBS 5 year structured FTSE Income Plan
FTSE 100 Geared returns plan Individual Savingswhich is offering 6.50 % interest rate, and is available
Account, however there is no guarantee for theto you as transfer ISA and shares & stocks ISA.
returns and your capital can be at risk.