Product focus: Fixed and variable rate ISAs - Savings - News - Moneyfacts

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Product focus: Fixed and variable rate ISAs

Product focus: Fixed and variable rate ISAs

Category: Savings

Updated: 17/03/2011
First Published: 17/03/2011

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 It is now over 6 months old so the content may be out of date.

With ISA season in full swing the market is awash with activity. Most providers have announced their intentions and there are some good deals to be found.

Below is a selection of some of the most competitive deals.

AA – AA Internet Access ISA

  • The highest variable cash ISA rate is from the AA, whose Internet Access Account is paying 3.35pc.
  • The rate includes a 1.65pc bonus for the first 12 months.
  • Savers can invest between £500 and £5,100 into the account, which doesn't accept transfers in.
  • The account is operated online and is available to savers bringing new money to the provider.

Nationwide Building Society – eISA

  • Savers looking to transfer previous years ISA allowances, while still maintaining access to their money could consider the eISA from Nationwide Building Society.
  • The account pays a rate of 3.10pc, which includes a 1.35pc bonus until 31 July 2012.
  • Savers can invest from as little as £1 into the account, but must also hold or open a card based current/savings account with Nationwide Building Society.
  • However, the card account does not require funding.

Skipton Building Society – 5 Year Fixed Rate Cash ISA

  • The highest cash ISA rate on the market is being offered by Skipton Building Society, who are paying 4.50pc on its 5 Year Fixed Rate Cash ISA.
  • For those savers after a regular income, the account offers a monthly interest option.
  • Savers can invest upwards of £500 into the account, which accepts transfers in.
  • Earlier access is available on closure only and will be subject to a loss of 240 days' interest.

Aldermore – 3 Year Fixed Rate ISA

  • Savers after a medium term commitment could consider the 3 Year Fixed Rate ISA from Aldermore, which is paying 4.01pc.
  • Savers can invest upwards of £1,000 into the account, which accepts transfers in.
  • Earlier access is available during the three year term, but all withdrawals will be subject to a loss of 180 days' interest.

Bank of Cyprus UK – Cash ISA Bond 24th Issue

  • Paying 3.10pc, the Cash ISA Bond from Bank of Cyprus UK offers the highest rate on the market for savers looking to fix for one year.
  • Savers can invest from as little as £1 into the account, which accepts transfers in.
  • The account is operated in branch, online, by post or telephone.
  • Earlier access is permitted, but all withdrawals will be subject to a loss of 180 days' interest.

Find the best savings rates for you - Compare savings accounts


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.

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