Chelsea BS has shot to the top of the one year ISA table, having issued an account paying a leading yearly rate of 3.50%.
The Chelsea Fixed Cash ISA 1 Year demands a minimum investment if £3.6K and does not allow early access. Transfers out are subject to 180 days' loss of interest, with transfers in accepted.
Additions are permitted whilst the issue remains open.
This new issue, which has been awarded four out of five Moneyfacts stars, should appeal to those looking for a guaranteed tax free allowance but do to want to commit funds for the long term.
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