2-yr ISA holds its prized chart position | Product News - Moneyfacts

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2-yr ISA holds its prized chart position

2-yr ISA holds its prized chart position

Category: ISAs
Date: 06/05/2016

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 It is now over 6 months old so the content may be out of date.

Nottingham Building Society has reissued its two-year ISA, which has maintained its place in the Moneyfacts charts thanks to its continued competitiveness.

The basics…

The two-year version of Fixed Rate ISA Issue 21 continues to pay a joint market-leading rate of 1.50% yearly until 31.7.18, thereby allowing it to continue to sit comfortably towards the top of the charts.

The finer details…

This ISA must be opened and operated in branch with an initial deposit of at least £500.

Savers are invited to make further additions and transfers in while the issue remains open, but no withdrawals are permitted. However, it is possible to transfer funds away from the account, although this will result in the loss of 180 days' interest.

Why we like it…

This deal continues to pay one of the best rates in its sector, and as a result, it rightfully keeps its place in the charts. Savers will certainly welcome the flexibility to make further additions and transfers in while the issue remains open, as well as the option to access funds via transfer, although this does come with quite a hefty penalty.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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