An Isa with 8.24% fixed interest a year. Is that simply too good to be true?

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It’s an eye-catching offer popping up in Facebook newsfeeds this month. But, in the wake of a controversial mini-bonds scandal, people are wary. As one financial expert advises ‘stay away’, we spell out the facts

It’s an advert that’s been popping up in many people’s Facebook newsfeeds during the last few weeks, for a “Platinum Isa” that pays a fixed 8.24% a year.

 

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