Guidance for savers looking to get the most out of their nest egg has been provided by consumer watchdog Which? Money.
The advice comes as many savers continue to struggle to get decent returns on their accounts.
Financial experts have advised UK taxpayers to use their tax-free Isa allowance of a cash ISA before considering other savings options.
The fact ISA accounts are tax-free makes them more attractive than the best instant access accounts on the market.
There are many similarities in terms of how cash Isas and instant access savings accounts operate but there are rules for opening a cash Isa and transferring money from one to another. Cash ISAs are also limited in terms of how much money can be deposited into them every year.
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