Northern Rock Pays 6% - Savings - News - Moneyfacts


Northern Rock Pays 6%

Northern Rock Pays 6%

Category: Savings

Updated: 31/10/2008
First Published: 03/11/2008

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 It is now over 6 months old so the content may be out of date.

Northern Rock's new set of fixed rate cash ISAs are among the best in the market.

If you're fed up with trying to work out what the FTSE is going to do next, a fixed rate ISA may be the way to go.

If you can commit at least £500 over a period of either one, three or five years, the tax-free annual interest rate of 6% will be yours.

You can access your money before your chosen period runs out, but up to 180 days of interest will be lost as a result.

To see what other fixed rate ISAs are available, have a look at the Best Buy tables in our Savings section.

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 Any products featured may be withdrawn by their provider or changed at any time.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

Savings rates plummet to fresh lows yet again

It’s becoming a recurring theme, and unfortunately, it’s showing no signs of stopping. Savings rates have plummeted to fresh lows once again as the impact of the base rate cut continues – and this month, product availability has followed.

Less than half of savings accounts beat inflation

Official figures show that inflation jumped up during September, with CPI rising to 1%. Not only does this mean that consumers may begin to feel the impact on their wallets, but there are now far fewer savings accounts that will beat inflation.

Number of savings accounts falls to record low

As if the continued drop in savings rates wasn’t bad enough, our latest research reveals another blow to already hard-pressed savers, with the number of accounts available having fallen to a record low.