ISA Season 2019: Best Savings Accounts

While investing your cash in the stock market is often the best option for generating long-term savings, holding a rainy day pot in cash can be prudent. We round up the best rates on offer

David Brenchley 11 March, 2019 | 3:57PM

Umbrella, rainy day fund, cash ISA, savings account, stock market

With stock markets becoming more volatile in recent months, UK savers continue to favour cash – with some investors increasingly going down that route, too, as fund sales continue to drop.

Almost three-quarters of UK consumers’ savings is sitting in a cash ISA. Now, there is, of course, an argument that a large proportion of that should be transferred into a stocks and shares version of the tax-free savings vehicle, particularly with the measly interest rates on offer from cash products.

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About Author

David Brenchley

David Brenchley  is a Reporter for Morningstar.co.uk

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