Millions of UK savers looking to boost their tax-free savings have now opened a Cash Isa. This special savings account allows people to deposit tens of thousands and saves them from paying tax on the returns, making it an increasingly popular choice alongside regular savings accounts.
With the number of people now using Cash Isas, the amount of providers for them has only increased. Big name banks and smaller finance platforms are ramping up competition in 2025 to offer the best interest for savers.