2-yr ISA doesn’t budge from chart place | Product News - Moneyfacts

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2-yr ISA doesn’t budge from chart place

2-yr ISA doesn’t budge from chart place

Category: ISAs
Date: 17/05/2016

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 It is now over 6 months old so the content may be out of date.

Virgin Money has reissued its two-year fixed ISA, which has maintained its desirable place in the Moneyfacts charts thanks to its enduring competitiveness.

The basics…

Virgin Fixed Rate E-ISA Issue 180 pays an attractive rate of 1.40% yearly (1.39% monthly) until 24.6.18, which has enabled it to continue to sit comfortably among the top 10 accounts of its sector.

The finer details…

This internet-operated ISA can be opened with a minimum deposit of just £1. It accepts transfers in and also allows additional deposits to be made for up to 30 days after an account has been opened. It is also possible to access funds early on the loss of 90 days' interest, the same penalty as applies to transfers away.

For those who prefer to manage their savings offline, a branch and postal-operated version paying the same rate is also available.

Why we like it…

This deal has rightfully retained its chart place thanks to its eye-catching rate and unusual flexibility for this account type. Savers will appreciate being able to transfer in existing ISAs as well as top-up invested funds for a limited period. The fact that a monthly interest option is available will also appeal to those who are looking to secure a regular income.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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