the Cash ISA – Fixed Rate Bond pays a rate of 4.25% on a minimum investment of £2K and is a fixed term cash ISA maturing on 30 November 2015.
No further additions are allowed and earlier closure and transfers out are subject to a penalty (minimum £30): 1-91 days to maturity 45 days' loss of interest, 92-181 days' to maturity 90 days' loss of interest, 182-273 days to maturity 135 days' loss of interest and more than 273 days to maturity 180 days' loss of interest.
Savers can transfer funds into this account.
The fact that transfers in and out are permitted, plus the added flexibility to close the account early, albeit with a substantial penalty, will add to its appeal in the current financial climate.
Four out of five Moneyfacts stars have been awarded.
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