2-yr ISA retains its place on the charts | Product News - Moneyfacts

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2-yr ISA retains its place on the charts

 2-yr ISA retains its place on the charts

Category: ISAs
Date: 30/12/2015

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 It is now over 6 months old so the content may be out of date.

Shawbrook Bank has reduced the rates paid on some of its savings accounts, but its two-year fixed rate ISA has kept its coveted place on the Moneyfacts charts thanks to its competitive rate and terms.

The basics…

2 Year Fixed Rate Cash ISA Bond Issue 10 now pays 1.85% yearly (1.83% monthly), a top 10 rate for its term.

The finer details…

This account must be opened and operated online with an initial investment of £5,000.

Further additions are welcome and transfers in are also accepted upon account opening. It is also possible to access funds early on the loss of 180 days' interest, the same penalty as applies to transfers away.

Why we like it….

Savers who are looking for a competitive home for their savings are likely to be attracted to this deal – not only does it still pay a top 10 rate for its sector, but it also gives savers the opportunity to add to funds with transfers in and further additions both allowed. It will also appeal to those looking to secure a regular income thanks to its monthly interest option.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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