Best Isa Interest Rates

A few days of good weather and I called: spring is here. The shorts are out, my tan is on treatment and the barbecue is prepared and ready to grill.

But wait, spring is here: what my ISA, I need to invest before April 5! I can hardly walk past a billboard or bus shelter without thinking of all these beautiful and respectable banks and corporations to demand my money. But how do I decide to move the ISA?

Do not panic: ISA season a few weeks! If you have money in an ISA and have not looked at what has recently become available, or perhaps you have new funds to invest, these tips will help you locate assets in the hunt for Easter eggs ISA is the season:

Interest rate

Obviously higher is better - you do not need me to tell you! However, you must consider these other considerations to ensure you do not make a spring chicken:

To fix or not fix - that is the question

Cash ISAs can pay interest rates fixed or variable. Generally fixed rates tend to be higher and, although you may have to commit your money for a certain period of time, you are sure that your money you earn. Variable rates are generally slightly lower, and subject to change and allow you to access your money sooner (although you should always check with your provider before committing).

Bonus

Attractive looking ISA rates will often be partially composed of a premium for an initial period. There are two things to mention: check the small print as there may be conditions you have to paste to get your bonus, and always review your rate during the bonus period ends the rate will more often reduced to a pittance thereafter. Here's an idea, set a reminder on your phone when your bonus ends when you can see the rate you are getting.

Consistency

Cheeky buggers those banks and building societies, capture your inner magpie with glitter initial rate you expect to forget the account, and reducing the rate of amoebic proportions. But who wants to have to constantly go around all the time? Why not check our prices on the most consistent ISAs on the market?

Opinion

With a bit ISA, as with other types of savings accounts, you may have to give notice to withdraw your money or lose some of your interest for the privilege of doing so. If you need access to your money, make sure you opt for an ISA which allows instant access. If you like to tap into your savings and replace them, perhaps an ISA is not right for you - you can not pay £ 3,600 per year or £ 5,100 a year if you're over 50 (the limit £ 5,100 will be for all from April 6, 2010) - and you can pay this at a time visit our Savings Best Buys for a product more suitable. Alternatively, if you do not mind not having access to your money for a while, why not consider a fixed rate ISA?

Transfers

No, I do not mean those fake tattoos you wore when you were a kid, I mean ISA transfers of course!

Some providers allow you to transfer your balance from previous years ISA to them. So even if you do not have to invest new funds this year, you can always see if you can get a better rate elsewhere. It is particularly pleasing to watch this time of year because it is when rates are most competitive. You do not know your rate? Do not give me your excuses: Check the current website of your provider - it will be there!

All suppliers are required by law to allow you to transfer out of your ISA within 30 days of your application (but beware: they may charge you a penalty). If you're lo.