Denied the chance to make more than £500 extra a year

  • Savers investing in tax-free Super Isas being denied healthy interest rates
  • Some banks are preventing customers transferring existing Isa funds
  • Those wishing to switch to highest rates could lose chance to make £500
  • It comes days ahead of the launch of Chancellor's flagship savings policy.



Savers investing in the new tax-free Super Isas are being blocked from receiving the most attractive interest rates, it has emerged. Just days ahead of the launch of the Chancellor’s flagship savings policy, many banks and building societies are preventing customers from transferring existing Isa funds into the new top-rate, easy access accounts. Pensioners and savers who had hoped to switch to the highest rates to boost their income could now find themselves denied the chance to make more than £500 extra a year.....Read more here