http://sexy-sophia.livejournal.com/ ([identity profile] sexy-sophia.livejournal.com) wrote in [personal profile] taimatsu 2003-04-14 01:00 pm (UTC)

Natwest ISA's

I have a current account, a credit card and a mini cash ISA with Natwest. I would recommend you get an mini cash ISA for the following reasons:

1. Your savings are tax free, so the interest put on your account is one of the highest.
2. You have the option of getting a cash card for your ISA. (I didn't cause I thought it might stop me from spending so much money!)
3. Even if you don't have a cash card, you can walk into a branch and draw money/transfer from it immediately.
4. You can start an ISA off with a small deposit, not sure how small, but 50 quid is fine I'm sure.

Natwest has an internet banking service, with which you can access all your Natwest accounts online and transfer money easily between all of them.

However, you are only able to put certain amounts into ISAs in a year, I think the limit for a mini cash ISA at Natwest is 3,000. But you can open up to 2 mini ISAs and one maxi ISA (not sure what a maxi ISA involves, but I know you can put more money into it than you can into a mini). Best to check up on that bit - depends how much you plan to put in.

Hope that all helps, best of luck!

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