Despite a phenomenal rise in the number of people banking online, many savers still prefer to operate their accounts via traditional methods such as in branch and by post. Here is a selection of some of the best fixed rate ISAs launched by well known high street providers over the past month, which can only be operated by post or in branch.
Northern Rock – Fixed Rate Cash ISA Issue 152
This account pays an annual rate of 4.10%. A minimum deposit of £500 is required and further additions can be made up to 30 days after the issue is closed. Early access is allowed, subject to 180 days loss of interest. Upon maturity the rate reverts to the 30 Day Cash ISA, offering free access for 30 days. Transfers in are accepted. The account can be operated by savers aged 16 and over by post only.
Santander– 2 Year Fixed Rate Postal ISA
The rate for this Santander account is determined by the investment amounts, as follows: For deposits between £1 and £9,999 a rate of 3.00% is paid, while savers with deposits of £10,000 and over will receive a rate of 3.25%. Further additions are not allowed. Early access is allowed, subject to 120 days loss of interest. Transfers in are accepted, but must be requested when the account is opened. The account is available to savers aged 16 and over and can be operated by post only.
Nationwide Building Society – 1 Year Fixed Rate ISA
The rates for this deal are split by investment tiers, as follows: Between £1 and £9,999, 2.75%; £10,000 and £24,999, 2.80%; £25,000 and £49,999, 2.90% and for £50,000 and over 3.00%. Further additions are not allowed. Early access is allowed on closure only, subject to 90 days loss of interest. Transfers in are accepted. The account can be operated in branch only by savers aged 16 and over.
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 Any products featured may be withdrawn by their provider or changed at any time.
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