Use it or lose it.
When Martin Lewis talks, it makes financial sense to listen Martin Lewis has urged Brits to set up ISAs before Friday, in an effort to ensure savers make the most of their money. The Money Saving Expert founder warned that the end of this tax year is the last chance to nab a bonus on your savings – and missing out could cost you thousands.
MSE recommends looking into the accounts with the highest interest rates – many of which currently beat those available with regular savings accounts – and applying ASAP. The website states: ‘Don’t leave this till Friday. Many firms shut applications days before, as they need processing time. So sort as soon as you read this .’ Alongside the interest rate, check whether the account you’re opening allows you to access the money without losing out.
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