London – July 30, 2018 – Past economic turbulence, the recession, and the uncertainty over Brexit and its impact on future investments, has made it imperative for every investor to keep an eye on their investments. Individual Saving Accounts (ISAs) are a great way to earn tax-free interest on your investment. But which ISA is the most profitable? This question can now be easily answered with the new online service offered by QuickISA.
QuickISA, launched in April 2018 is a free online comparison service that matches ISA providers with any type of investor. The service is aimed at finding out which tax-free ISA offers better returns and can beat the high street banks; with some of their partners offering up to 8.70% returns a year.
“Our ISA comparison service finds and generates results directly from our partners in the ISA market, with the guarantee of getting better rates compared to those offered on the high street. Depending on your investment goals, our specially tailored service will provide you with a wide selection of investment ISAs with varying interest rates to meet your savings needs,” says John Taylor of QuickISA.
With Cash ISA rates having been consistently lower than savings rates over the past year, where the best-buy easy-access ISA pays just 1.06% AER interest compared with 1.25% AER for the top easy-access savings account, UK investors are looking for alternatives.
Among the options are innovative finance ISAs (IFISA) which was introduced by the UK Government in April 2016 allowing Peer-to-Peer (P2P) lending providers to be eligible for a new tax-free ISA for the first time. Peer-to-peer lending is a rapidly growing, FCA-regulated form of investing in which individuals can lend up to £20,000 a year to businesses achieving returns of over 12% a year, in some cases. Over £5 billion has been lent in the UK by the peer-to-peer lending sector so far – and the numbers show no signs of slowing down any time soon.
QuickISA offers an IFISA comparison engine, which allows you to discover the best ISA accounts in the UK, including fixed rate ISAs and HMRC approved ISAs. The service offers a flexible way to transfer or withdraw savings anytime and is completely free.
For more information, please visit: https://www.quickisa.com/
Company Name: Quick ISA
Contact Person: John Taylor
Email: Send Email
Address:Universal House, 25-33 Southwark St
City: London, SE1 1RQ
Country: United Kingdom