ISA interest rates

ISA interest rates- good enough?

Last week we heard the view of one financial advisor who thought ISAs were a better way to save than personal pensions.

He was talking about investment ISAs, but many of you responded with your own concerns about cash ISAs.

Interest rates are so terrible, you said, people are better off putting money into a normal savings account.

On the programme, Money Box Listener Margaret Weston says the banks are taking the benefit of her tax relief. Paul Lewis quizzes Moneynet's Andrew Hagger on the ups and downs of ISA deals.

This item was first broadcast on Radio 4's Money Box on Saturday, 16 January 2009