Get all your news in one place.
100's of premium titles.
One app.
Start reading
Manchester Evening News
Manchester Evening News
National
Rachel Pugh

Martin Lewis urges Brits with one savings account to close it as soon as possible

Money Saving Expert Martin Lewis has urged people with a particular type of savings account to close it as soon as possible. Martin says there's virtually no point in people having one.

In the past, Martin encouraged people to open up ISA savings accounts. Now he's changed his advice.

A cash ISA is a type of savings account that lets you earn interest on your savings without paying tax on it. Those with them can save up to £20k per person per tax year.

Sign up to read this article
Read news from 100's of titles, curated specifically for you.
Already a member? Sign in here
Related Stories
Top stories on inkl right now
One subscription that gives you access to news from hundreds of sites
Already a member? Sign in here
Our Picks
Fourteen days free
Download the app
One app. One membership.
100+ trusted global sources.