A Cash ISA is essentially a savings account (Individual Savings Account) because it does not invest in equities or other investments like a Stocks and Shares ISA does. This means that your money is relatively secure, because it is not being invested, but saved in cash, where you can earn tax-free interest.
To find the best Cash ISA rates, it is essential to compare deals, as rates vary and this can have a significant impact on returns. If you are no longer happy with the rate offered by your existing Cash ISA provider, you can switch to another one. You could even choose a fixed rate Cash ISA so that your interest rate does not drop for a certain period.
However you want to make the most of your Cash ISA/ISA savings account, you can compare deals using our free service. 