Northern Rock ramps up fixed rate ISAs - Savings - News - Moneyfacts


Northern Rock ramps up fixed rate ISAs

Northern Rock ramps up fixed rate ISAs

Category: Savings

Updated: 27/04/2011
First Published: 27/04/2011

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 It is now over 6 months old so the content may be out of date.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 has ramped up the rates on its fixed rate internet ISAs.

Following the review, the one year version of the account now pays 3.20%, while the three year option has increased to a market-leading 4.25%.

Withdrawals from the ISAs are allowed during the term, albeit on the loss of 60 days' interest for the one year account and 120 days on the three year version.

Meanwhile, additional investments are welcomed for up to 30 days after the issue has closed.

Four out of five Moneyfacts stars are Northern Rock's well deserved reward.

Looking for a Fixed Rate Cash ISA - Compare cash isa rates and best isa rates for transfers

Request a FREE ISA Savings brochure now

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 Any products featured may be withdrawn by their provider or changed at any time.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