Royal Bank of Scotland has reviewed its fixed rate ISA range, with the one and two-year options both paying increased rates.
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.
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 Any products featured may be withdrawn by their provider or changed at any time.
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