Saffron BS spices up ISA market - Savings - News - Moneyfacts

News News brings you the latest financial & economic news & reviews of the best products in the UK by our team of money experts.

Saffron BS spices up ISA market

Saffron BS spices up ISA market

Category: Savings

Updated: 17/02/2011
First Published: 17/02/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Saffron BS has added spice to the fixed rate ISA market by increasing the rate on one deal and launching a number of others.

Its One Year Fixed Cash ISA which allows transfers in now pays 2.75%, having been increased by 0.25%.

Another version with the same term which does not allow transfers in has been introduced with a rate of 3.00%, high enough to leave it amongst the market leading one year ISAs.

Members of the society are being rewarded with the launch of a two year members' ISA which pays an enhanced rate of 3.30%.

All of the accounts allow early closure, transfers out on 180 days' loss of interest and require a minimum investment of £500.

Four out of five Moneyfacts stars have been awarded to Saffron BS for the changes it has made.

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 Any products featured may be withdrawn by their provider or changed at any time.

Related Articles

Just 47% have money in a savings account

We’re often told of the importance of saving, yet unfortunately, the message doesn’t always get through. Indeed, research shows that just 47% of those surveyed have money in a savings account, and 17% have no savings or investment whatsoever.

How much will you save this year?

Many of us have set savings goals for the year ahead, and planning to budget better and save more will be at the top of many financial resolution lists. But how much are you hoping to squirrel away? Encouragingly, many people have impressive targets.

How to make your savings go further this year

The start of a new year is always a good time to sort out your finances, and this year, focusing on your savings should be at the top of the agenda. We’ve got a few tips and tricks to help make your savings go further in 2017.