Why a Zurich Cash ISA?
Good to know…
You need to be aware that some Cash ISAs are instant access while others have fixed terms of up to five years. This means you could be penalised if you withdraw your money before the end of the term.
Over time, inflation will reduce the buying power of money, so if inflation is at 2.5%, in 20 years’ time, £10,000 will only buy the same as £6,100 buys today.
The amount you get back from your ISA will depend on the interest rates, which may be variable.