ISA rate increase from N&P is music to savers’ ear - Savings - News | moneyfacts.co.uk

News

Moneyfacts.co.uk News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

ISA rate increase from N&P is music to savers’ ear

ISA rate increase from N&P is music to savers’ ear

Category: Savings

Updated: 26/02/2010
First Published: 26/02/2010

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 It is now over 6 months old so the content may be out of date.

Norwich & Peterborough BS has increased the rate of its 1 Year Fixed Rate Cash ISA by 0.30% to 2.80%.

All other terms and conditions remain unchanged.

This rate hike is welcome news for investors looking to fix the return on their tax free allowance. At 2.80% it sits within the top ten of the popular one year fixed market.

The ability to transfer previous years' ISAs and early access, albeit on loss of 120 days' interest, will add to its appeal.

Four out of five Moneyfacts stars have been awarded.

Find the best savings accounts for you - Compare fixed rate ISA

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 Any products featured may be withdrawn by their provider or changed at any time.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

Just 44 savings accounts beat inflation

Inflation recorded another large jump during December, and predictably, this has had a devastating impact on the number of savings accounts that beat it, so much so that you’ll need to lock your money away if you want an inflation-beating return.

Just 47% have money in a savings account

We’re often told of the importance of saving, yet unfortunately, the message doesn’t always get through. Indeed, research shows that just 47% of those surveyed have money in a savings account, and 17% have no savings or investment whatsoever.

How much will you save this year?

Many of us have set savings goals for the year ahead, and planning to budget better and save more will be at the top of many financial resolution lists. But how much are you hoping to squirrel away? Encouragingly, many people have impressive targets.
 
Close