Martin Lewis warns 'millions wasting money' as he urges savers to take action

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Savvy savers could be missing out on some much-needed cash by putting their money into the wrong account

Martin has warned that millions of Brits are missing out on a significant amount of cash. Speaking on this week's episode of the Martin Lewis Podcast, he discussed the benefits of having a cash ISA and why people should be putting some of their savings into one. Martin warned on social media that "millions are wasting money by not being in cash ISAs when they should."

Later on in the show, he explained that people should put their savings into where it can be "maximised", stating that "if you're a tax payer a cash ISA is nicer, if you're not a taxpayer, in most cases normal savings give higher rates than cash ISAs so put your money in normal savings".

 

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