When choosing an individual savings account (Isa), consumers should consider how easily they can access their account, it has been claimed.
New research by Abbey found that the majority of "easy access" cash mini Isas cannot be accessed via the internet or by telephone.
Although 36 per cent of such savings accounts do offer internet access , the firm discovered that 27 per cent can only be accessed by one method.
Reza Attar Zadeh, director of savings and investments at Abbey, said: "Accessibility is an important issue when selecting an Isa. Primarily, the account has to offer a form of management that you are both comfortable and experienced with."
However, the expert noted that cash Isas have never had "more attractive" rates than at present.
Last month, the Building Societies Association reported that building society net receipts to cash Isas reached £68 million in September, up from £57 million during the corresponding month in 2006.
Accessibility is the key to Isas
Accessibility is the key to Isas
Tue, 13 Nov 2007
Recommended links
ISA Guide - IntroductionTypes of ISAs Available
Todays Top ISA Providers
How to choose savings and investments
Isas are safe to save in, says expert
ISA reform plans welcomed
Isa holders 'switch to find best rate'
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