RBS ups ISA rates - ISAs - News - Moneyfacts


RBS ups ISA rates

RBS ups ISA rates

Category: ISAs

Updated: 30/01/2013
First Published: 30/01/2013

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Royal Bank of Scotland has reviewed its fixed rate ISA range, with the one and two-year options both paying increased rates.

The basics…

The one-year fixed rate ISA now pays an improved 2.05% yearly to 25.3.2014, while the two-year fixed rate ISA pays 2.35% yearly to 25.3.2015. Savers can invest additional funds until 18.3.2013 as well as transfer existing ISA balances into the accounts.

The finer details….

Savers must remember that only 2.00% interest will be paid on both accounts until the terms officially begin on 18.3.2013. Both products allow early closure, but this will be subject to an interest rate penalty.

These products are also available through NatWest.

Why we like it….

These one and two-year fixed rate ISAs are highly competitive and sit within the top five of their respective terms. Four out of five Moneyfacts Stars are well deserved.

What next?

Find the best Fixed Rate ISAs

Disclaimer: Information is correct as of the date of publication (shown at the top of this article). Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Top 6 inflation-beating cash ISAs

Inflation jumped up to a 22-month high in September, official figures have revealed, with the measure of CPI standing at 1%.

Could your newborn become an ISA millionaire?

Many parents like to set up a savings account for their newborn, giving them a valuable nest egg for the future. But what if you could give them an even better payoff and help them become a millionaire? According to research, it’s possible…

Help to Buy ISA no-go zones on the rise

Nearly half of England could become a Help to Buy ISA no-go zone by spring 2017, due to the rising cost of average house prices meaning the ISA’s thresholds will be exceeded in a vast number of areas.