Mohammad Ebrahimi
Joined: 7/29/2024
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RE: ISA interest
The question is: Is the amount of money in an ISA that can earn interest capped at £20’000? So if a person puts £20’000 in an ISA and after 5 months £500 of interest has accrued, is the same interest earned on the whole amount of £20’500 or just the initial £20’000?