Beware of cash Isa scams

Fraudsters have been targeting savers by offering unrealistically high interest rates on cash Isas.

With the Bank of England’s base rate still stuck at 0.75% it is extremely hard to find a decent return on cash savings. So when you see an advert for a cash individual savings account (Isa) paying “fixed returns of up to 9%”, your head is likely to be turned. But it’s a scam.

An investigation by The Times has found numerous websites advertising fake cash Isas “from those...
source: Money Week

2019-11-19 17:35
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