Newcastle BS will have savers whistling a happy 'toon' thanks to its new regular savings ISA.
Requiring a minimum monthly investment of £100 (maximum £500), the Balance Builder ISA pays 3.40% yearly, so long as ten payments are made per anniversary year.
Failure to comply sees the rate drop to 2.00%.
The flexibility of unlimited withdrawals and the ability to make further additions up to the maximum ISA limit both add to the appeal of the account.
Paying a highly competitive variable rate in a very limited market, four out of five Moneyfacts stars are well deserved.
Compare cash ISAs
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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.