What Easy Access ISAs are available from Icesave?
What are the benefits of an Easy Access ISA?
An Easy Access ISA is a type of tax efficient savings account introduced by the Government to encourage UK residents to save. ISA stands for Individual Savings Account. Easy Access ISA’s are a type of Cash ISA. A Cash ISA is like a standard savings account except all interest paid is tax free and the government sets how much you may subscribe each tax year. The Icesave equivalent of this type of savings account is our Easy Access ISA.
The Icesave Easy Access ISA offers a range of benefits to savers including:
It takes less than 10 minutes to open an Easy Access ISA so why not open one today!
Commonly considered to be the biggest benefit of an Easy Access ISA is the fact that all interest earned is tax free. Because the tax man does not take his percentage of your interest on an Easy Access ISA, your savings grow quicker. It is also likely that an Easy Access ISA will pay a higher interest rate than many standard savings accounts. If you have opened Cash ISAs with other providers in previous tax years you can consolidate all of these in one high rate Icesave Easy Access ISA using our hassle free transfer in service.