Do you have a poor performing Cash ISA?
Most cash ISA plans are offering less than 1% pa...
With inflation running at 2%+ in real terms you will be losing money.
"NEW CASH ISA PLAN: Combines capital protection with very high growth returns - the opportunity to either receive 2% per quarter or 2.5 x any growth in the FTSE 100 Index at maturity..."
THIS IS A LIMITED OFFER
"8% pa or 2.5x FTSE 100 Growth"
Capital Protected Cash ISA. This popular cash isa offers:
- Deposit Taker - Goldman Sachs International Bank
- 2% per quarter (8% pa) - if the Deposit Taker ends the plan early
- 2.5 x FTSE 100 index growth (no cap) - if the plan runs for the full 7 year term
- Minimum deposit - £5,000
- Maximum ISA deposit - £20,000
- ISA deadline - 27th March 2019
How it works?
If capital protection is a top priority, yet you still want to achieve high growth returns this new plan from IDAD could be an interesting option.
The Callable Deposit Plan is different from most other plans as the Deposit Taker (Goldman Sachs International Bank) can choose to ‘call’ or end the plan early on any quarterly anniversary date from year one onwards. If they do decide to end the plan then it will pay a return of 2% x the number of quarters the plan has been running plus the return of capital.
If the deposit taker decides to let the plan run for the full 7 year term then at maturity it will pay an attractive 2.5 x any FTSE growth over the period, plus a return of capital. As with other deposits your capital is also eligible for FSCS protection but if the Index is lower at this point, you will only get your initial capital back.
Although this plan has an uncertain end date, by offering some of the highest deposit returns available on the market no matter how the FTSE performs, or a very competitive potential return if it runs the full term, it could provide a very attractive alternative when comparing with other deposit based options.
This plan allows you to transfer from other ISA cash providers without losing valuable tax benefits.
Either 8% pa or 2.5x FTSE growth at end of term, plus full capital protection... Click here for our best selling cash deposit plan »
"This new launch from IDAD combines capital protection with very high growth returns – the opportunity to either receive 2% per quarter or 2.5 x any growth in the FTSE 100 Index at maturity "