Halifax has increased its five-year ISA rate by 0.20%, boosting its position in the long-term tax-free savings market.
This account pays 2.70% on its anniversary to savers aged 16 and over with minimum investments of £500.
Savers can access funds upon account closure, subject to 365 days' loss of interest and transfers in are accepted.
Further additions cannot be made whilst the issue is open.
This account should appeal to savers looking for a competitive tax-free deal. Four out five Moneyfacts Stars have been awarded.
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