While interest rates are on the low side and look like staying that way, you can still deposit £5,640 in a tax free cash ISA before midnight on April 5th. If you are flushed with cash you can then add to this ISA with a further £,5760 from April 6th, for the year to April 5th 2014, the total interest accrued attracting no tax at all. The downside is that you will struggle to find interest rates higher than 3.%. However some interest tax free is better than no interest for those of us that can't be bothered.

The total amount you can place in a tax free ISA at the moment is £11,280, rising to £11,520 from April 6th, this year, the balance over the cash element needing to be invested in stocks and shares, not everyone's cup of tea. The Government has refused to amend the rules so that investors can place the entire allowance in a cash Isa, more suited to the investment profile of the average Joe or Josephine public.

The message is -  if you are thinking of placing your hard earned cash in an ISA, get moving. There is just over a week in which to act and a nice long Easter weekend in which to consider your options, with Saturday the key day to take up a bank ISA.