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Product focus: ISAs

Product focus: ISAs

Category: Savings

Updated: 11/04/2011
First Published: 08/04/2011

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 It is now over 6 months old so the content may be out of date.

The start of a new tax year brings with it a wave of competitive ISA deals aimed at those savers who want to invest their tax free allowance early.

Here are a selection of some of the best deals.

AA – Internet Access ISA

  • If savers just want to invest this years allowance then the AA Internet Access ISA is offering a market-leading rate of 3.35pc, which includes a 1.65pc bonus for 12 months.
  • The online operated account is open to savers bringing new money to the provider.
  • No notice is required to make a withdrawal, but all transactions must be made via a nominated account.

Nationwide Building Society – eISA

  • Savers looking to transfer previous years allowances as well as getting a competitive rate on this years allowance could consider the eISA from Nationwide Building Society, which pays 3.10pc, including a 1.35pc bonus until 31 August 2012.
  • To qualify for the account savers must open a FlexAccount or qualifying savings account, but the account doesn't require funding.
  • No notice is required to make a withdrawal, but all transactions must be made through the applicable current or savings account.

Aldermore – 1 Year Fixed Rate ISA

  • If savers want to fix the rate they receive on their isa then Aldermore is paying a market-leading rate of 3.31pc for a one year commitment.
  • A monthly interest option is available for savers after a regular income.
  • Savers can invest upwards of £1,000 into the account, which accepts transfers in.
  • Earlier access is available, but all withdrawals will be subject to a loss of 120 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 Any products featured may be withdrawn by their provider or changed at any time.

 
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