Record-breaking Inflows to Cash Isas in April 2021

Friday, 31 May 2024, 12:38

In April 2021, savers poured a remarkable £11.7bn into cash Isas, marking the largest month for tax-free accounts in 25 years. This surge in inflows signals a strong interest in the safety and tax advantages offered by Cash Isas in uncertain times. The record-breaking numbers underscore the enduring appeal of tax-free savings options among individuals seeking security and growth for their funds.
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Record-breaking Inflows to Cash Isas in April 2021

Record-breaking Inflows to Cash Isas in April 2021

Cash Isas have witnessed an unprecedented surge in inflows, recording £11.7bn deposited in April 2021, making it the biggest month for the tax-free accounts in 25 years. This substantial growth demonstrates the continued trust and preference of savers for the safety and tax benefits offered by Cash Isas.


This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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