Understanding The Guarantee On Your ISA Rates

Although ISA managers can change the rates at anytime, you can help ensure you get the best ISA rates for the longest period of time with a rate guarantee. A rate guarantee is simply a special introductory rate that is given for a certain amount of time. To attract more clients, banks compete for your business by offering higher rates of interest. But, once they’ve got your account, the interest rate will soon become much lower. The good news is that with a rate guarantee you can make sure that you get the higher interest for a set time. Some institutions only offer a guarantee that you will...