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Product focus: Regular saver ISAs

Product focus: Regular saver ISAs

Category: Savings

Updated: 25/06/2010
First Published: 24/06/2010

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 It is now over 6 months old so the content may be out of date.

There are a number of savings accounts on the market for savers wishing to put a regular amount aside each month. If savers are yet to utilise this year's tax free ISA allowance, then they might want to consider one of the regular saver ISAs that are currently available.

Stroud & Swindon Building Society – Regular Saver ISA

Stroud & Swindon Building Society is offering savers a rate of 3.75pc on its Regular Saver ISA. Savers can invest between £25 and £425 into the branch and postal based account. Savers can get instant access to their money, but if they make more than one withdrawal or 12 payments are not made per annum, then a loss of 2.75pc interest is payable.

Newcastle Building Society – Balance Builder ISA

The Balance Builder ISA from Newcastle Building Society is paying a rate of 3.40pc. The account is operated by branch, post or telephone and savers can invest between £100 and £500 per month. Savers are required to make ten payments per annum. If this condition is not met, a loss of 1.40pc interest will be applied. Savers can get instant access to their money if they wish to make a withdrawal.

Monmouthshire Building Society – ISA Saver

The ISA Saver from Monmouthshire Building Society is operated in branch, by post or online and pays a rate of 2.50pc. Savers can invest between £20 and £425, with the option of making an additional one off payment between 1 March and 5 April to top up the account to the maximum ISA limit. Savers can get instant access to their money, but if they make more than one withdrawal or 12 payments are not made per annum, then a loss of 1.00pc interest is applied.

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 Any products featured may be withdrawn by their provider or changed at any time.

 
 
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