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Birmingham Midshires fixes it for ISA savers

Birmingham Midshires fixes it for ISA savers

Category: Savings

Updated: 06/02/2013
First Published: 21/02/2011

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 It is now over 6 months old so the content may be out of date.

Birmingham Midshires has fixed it for ISA savers with the launch of its new two year ISA.

Paying 3.40%, the ISA sits just below the market leaders over the two year term.

Adding to its appeal is the ability to access funds early, albeit with the loss of 180 days' interest if the withdrawal is made in the first year and the loss of 90 days' interest in the second year.

Transfers out are also allowed with the same penalties applying.

A minimum investment of £1 is required to open this postal operated account.

However, additional investments are allowed while the issue remains open and transfers in are accepted too.

Four out of five Moneyfacts stars are richly deserved.

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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 Any products featured may be withdrawn by their provider or changed at any time.

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