National Counties BS unveils ISA - Savings - News - Moneyfacts

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

National Counties BS unveils ISA

National Counties BS unveils ISA

Category: Savings

Updated: 26/03/2009
First Published: 26/03/2009

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 It is now over 6 months old so the content may be out of date.

National Counties BS has announced that it will be relaunching its Guaranteed ISA for the new tax year.

The product is an instant access cash ISA that requires a minimum investment of £1, paying a competitive rate of 3.26%. The account comes with a guarantee that its rate will always be at least 1.00% higher than the Bank of England base rate.

Transfers out are subject to ten days' loss of interest and transfers in are only permitted after 5.4.10.

The addition of this top six instant access ISA to the market is a welcome one, although consumers should be aware that the rate could drop even if the base rate remains unchanged.

It has been awarded four out of five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.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