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 mini cash ISA
The mini cash isa allows you to save up to £3000 a year and receive the interest tax free. You can usually open then for a small amount of money (£1 / £10) and pay a regular contribution in each month, or build up your savings with lump sum deposits.
The best providers adhere to the goverments CAT standards defining how you can access your money and how the provider will track base rate changes.
You should be aware that if you open a mini cash ISA it limits the other types of ISA you can have for that financial year.
| Smile.co.uk Mini Cash ISA |
You can start the smile mini cash isa with £1, it meets the government CAT standards and pays a higher rate if you open a current account with them. |
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