Range of offers including cashback, gift cards and no fees, but do your sums before buying.
We are now into ISA season, a time when providers try to tempt us into using what remains of our ISA allowance before the tax year comes to an end in April. Traditionally, millions of ISAs are opened in this period.
While Cash ISAs remain less than enticing, there are a number of incentives, from fee-free deals to cashback, on offer. Let's take a look at some of the top offers available at the moment.
The latest special offers for ISAs
|
Provider/Fund |
Offer |
|
Invest before 30th April and there's no ISA account charge until 1st May 2016, then 0.2% to 0.35% a year depending on size of portfolio. |
|
|
Baillie Gifford |
No initial charge or dealing commission. New ISAs opened before 30th April qualify for a £10 Amazon gift card. |
|
No Fidelity fees in your first year if you apply before 5th April. |
|
|
(existing customers) |
Cashback on existing ISAs transferred by 30th April, ranging from £50 for transfers from £25,000 to £50,000 up to £1,000 for transfers over £300,000. |
|
No Fidelity service fee for your first year when you invest before 5 April. Tracks the FTSE All-Share index. |
|
| Scottish Friendly | Start investing with a My Choice ISA and you'll get a £25 My Rewards card, which can be redeemed for gift cards at over 70 UK retailers. |
|
TD Direct Investing |
Cashback on ISA, SIPP and trading accounts transferred to TD Direct before 31st May. Cashback varies from £75 on £10,000-£50,000 to £2,000 on £750,000+. |
Always look beyond the headline offers
[SPOTLIGHT]You should not choose an ISA provider based exclusively its current special offers, no matter how interesting and alluring they may first appear. Instead, look to the bigger picture by finding ISA providers with low-cost, flexible accounts, backed by a decent website and superior customer service.
In this respect, low-charging investment trusts often emerge among the front-runners for the cheapest ISA wrappers.
Compare investments with lovemoney.com
More on investing:
Investing lessons from the FTSE 100's record high