Spring clean your old ISAs

Updated

Hopefully you managed to use last year's ISA allowance ahead of the 6 April deadline and maybe you've even sorted out a new one for this year if you're feeling particularly organised. So how about a spring clean of your old ones?

Cash ISA rates change all the time – last year's best buys may pay next to nothing now because ISAs often include an introductory bonus for the first 12 months. By transferring into another ISA – on top of using your current year's ISA allowance – you can ride the wave of high interest rates.

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