Cash ISAs vs savings: why ISAs are leading the way

Cash ISAs vs savings – which is better? As rates creep up, you may be looking at where to put your cash to make the most of your earning power.

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(Image credit: Sakorn Sukkasemsakorn)

Savings are exciting again as gone are the days of paltry returns, so with plenty of high-paying accounts it’s important to make sure you’re making the most of good market conditions, which includes whether to choose between a cash ISA and a standard savings account. 

I have been covering the savings market for more than 15 years, and it was right at the start of my stint in this industry that you could earn anything like what you can today, whether on a standard account or a tax-free cash ISA

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Guy has extensive experience in personal finance journalism. He spent 13 years at MoneySavingExpert.com working closely alongside Martin Lewis. He has also worked at the Daily Mail as a personal finance reporter and his work has appeared in The Sun, Guardian, Observer, Mirror and other national newspapers. 

As a money and consumer expert, Guy is a regular guest on TV and radio – appearing on BBC News, BBC Radio 4, Sky News, ITV News and more. Guy also often speaks at events and appears on personal finance discussion panels. He has also been a judge for numerous industry awards. 

When he is not working on helping the public save money, he thinks he's a good bargain-hunter, whether by haggling on his broadband bill or spending hours researching the cheapest hotels for family holidays. But he's less good with his money when it comes to football, as witnessed by the £1,400 he shells out each year on his Arsenal season ticket.