1-yr ISA holds fast to chart position | Product News - Moneyfacts

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1-yr ISA holds fast to chart position

1-yr ISA holds fast to chart position

Category: ISAs
Date: 23/09/2015

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 It is now over 6 months old so the content may be out of date.

Julian Hodge Bank has made a slight reduction to its one-year fixed rate ISA, but despite this, it has retained its position in the Moneyfacts charts thanks to its continuing competitiveness.


The basics…

1 Year Fixed ISA now pays 1.75% yearly, ensuring it continues to sit comfortably among the top 10 accounts of its sector.


The finer details…

This account can be opened and operated in branch, by post and online with a minimum investment of £5,000.

Although further additions are not welcome, it is possible to transfer in existing ISAs, provided they are of a minimum of £5,000. It is also possible to access funds early, although this will result in closure of the account and a penalty. A penalty fee will also apply to transfers away from the account.


Why we like it…

This ISA may have had a slight rate decrease, but it still offers savers a competitive top-10 rate. In addition, it also has the flexibility to transfer in other ISAs and access funds prior to maturity, although this is subject to closure and a penalty fee.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

 
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