This petition was submitted during the 2010-2015 parliament
Petition Finacial institutions to be limited to offer one Cash ISA rate
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To prevent finacial institutions forever closing cash ISA products and paying a meagre rate of interest, before savers cotton on to the change, they should only be able to offer one cash ISA product, when they want to increase or reduce the interest offered, that should be the rate offered to new savers as well as exisiting borrowers. ISA's were meant to encourage savers, not fund the banks.
This petition is closed This petition ran for 6 months
4 signatures
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