cash ISAs

GPTKB entity

Statements (55)
Predicate Object
gptkbp:instance_of gptkb:Bank
gptkbp:are_not_available_to non-UK residents
gptkbp:are_not_the_same_as regular savings accounts
gptkbp:are_offered_by most major banks in the UK
gptkbp:are_part_of the UK tax system
gptkbp:available_in various terms and conditions
gptkbp:benefits savings growth without tax
gptkbp:can_be_closed_at any time without penalty
gptkbp:can_be_combined_with stocks and shares ISAs
gptkbp:can_be_opened_as joint accounts (for certain providers)
gptkbp:can_be_opened_online or in person
gptkbp:can_be_used_for emergency funds
short-term savings goals
gptkbp:can_be_used_to_save_for vacations
education expenses
retirement
future expenses
home purchases
gptkbp:currency vary by provider
gptkbp:feature tax-free interest
withdrawal flexibility
annual contribution limit
available to UK residents
gptkbp:has_limitations £20,000 annual limit (as of 2023)
gptkbp:held_in banks and building societies
https://www.w3.org/2000/01/rdf-schema#label cash ISAs
gptkbp:is_a_form_of personal savings account
tax-efficient savings vehicle
gptkbp:is_a_way_to build savings over time
gptkbp:is_compared_to high-interest savings accounts
gptkbp:is_designed_to low-risk investment
gptkbp:is_linked_to current accounts
gptkbp:is_managed_by financial advisors
online banking platforms
gptkbp:is_often_compared_to other types of ISAs
gptkbp:is_often_featured_in financial advice articles
gptkbp:is_often_used_in gptkb:students
young savers
gptkbp:is_part_of a diversified savings strategy
gptkbp:is_popular_among risk-averse savers
gptkbp:is_popular_for first-time savers
gptkbp:is_promoted_by gptkb:financial_institutions
gptkbp:is_subject_to government regulations
inflation risk
gptkbp:migration other ISAs
gptkbp:offers fixed or variable interest rates
gptkbp:opened various financial institutions
a minimum deposit
individuals aged 16 or over
any UK resident over 16
gptkbp:regulatory_compliance regulated by the Financial Conduct Authority
gptkbp:requires application process
gptkbp:type gptkb:Bank
gptkbp:bfsParent gptkb:Scottish_Widows_ISAs
gptkbp:bfsLayer 8