Over 50s Top Up And Save £1.1 Billion To Enjoy An Isa-lolly

March 31, 2010 - PRLog -- With the school Easter holidays and the end of the tax year fast approaching, research from leading concessions site, www.oscaruk.co.uk has revealed that the UK’s 10 million4 over 50s could benefit from up to £1.1 billion5 extra cash by taking advantage of the £1,500 cash ISA top-up scheme before the end of the tax year.

Significant Savings
Financially savvy over 50s taking advantage of additional cash ISA top ups, before April 4, can secure up to £112.971 each to help beat the crunch and treat the grandchildren to an ISA-lolly this Easter.  

Peter Simpson, chairman of OscarUK.co.uk, said: “The over 50s have been hit hard by the fall in saving interest rates. With Britons currently losing out on £108 million3 in ISA interest, it is important that the over 50s make the most of this fantastic opportunity. By topping up on cash ISAs before the deadline on 4th April, over 50s can secure extra benefits from their savings and to enjoy a fun filled Easter holidays.

“Combined with OscarUK’s money saving advice and offers, over 50s topping up before the end of the tax year can make savings of up to £1,361.976. I am urging people to take advantage of ISA top up allowances and also make sure they don’t miss out on hundreds of offers and savings open to the over 50s.”

The ISA-lolly
Generous grandparents are putting family first, as almost half (46 per cent)7 have provided financial help for their children during the recession, including saving on childcare costs by looking after their grandchildren.

What’s more, financially savvy over 50s who are planning to maximise on their ISA interest can treat grandchildren to a fun filled ISA-lolly over the Easter holidays. The kids can forget boring afternoons watching TV and laying around the house, as a massive 87 per cent 7 of grandparents want to make the holidays fun for their grandchildren, with two thirds (66 per cent)7 paying out for new and exciting activities.  

Helping Out – Don’t miss out on savings
To help out OscarUK.co.uk, the UK’s one stop guide to money saving for the over 50s, has produced a top ten guide for some of this Easter’s hottest discounts so that generous grandparents can give their grandchildren a holiday packed full of fun and exciting activities without breaking the bank.

Mr Simpson continued, “Our top search section at OscarUK.co.uk is about relevant discounts, days out and offers to over 50s, so this Easter they could save money, while still treating grandchildren to days out. Discounts range from membership of associations and £10 shopping vouchers with Littlewoods Direct, to football league season tickets and National Express half price fares.”

Top Tips
The current top ten Easter discount tips featured by OscarUK.co.uk are:
•   50% off a Day at Alton Towers
•   £5 off admission to Blackpool Tower
•   Discounted entry to Buckingham Palace
•   35% off entry to Cadbury World
•   45% off entry to Camelot Theme Park
•   Up to 50% off with National Express
•   20% off at food and drink outlets at railway stations
•   10% off BBC Backstage tours
•   10% off at B & Q for garden entertainment
•   Discounted tickets to Chester Zoo

ENDS