Is it time to switch your Isa?

With interest rates remaining at rock bottom, more than a million savers are earning just 0.1% on their cash ISAs. So what can you do to get a better deal on your savings? And should you give up on ISAs all together? Ruth Jackson explains.

How much interest is your Isa earning?

Unless you just opened your account, chances are you don't know the answer to that question. But you should find out. More than 1m savers are earning just 0.1% interest on their cash individual savings accounts (Isas).

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Ruth Jackson-Kirby

Ruth Jackson-Kirby is a freelance personal finance journalist with 17 years’ experience, writing about everything from savings accounts and credit cards to pensions, property and pet insurance.

Ruth started her career at MoneyWeek after graduating with an MA from the University of St Andrews, and she continues to contribute regular articles to our personal finance section. After leaving MoneyWeek she went on to become deputy editor of Moneywise before becoming a freelance journalist.

Ruth writes regularly for national publications including The Sunday Times, The Times, The Mail on Sunday and Good Housekeeping, among many other titles both online and offline.