3-yr fixed ISA rate given a boost | Product News - Moneyfacts

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3-yr fixed ISA rate given a boost

3-yr fixed ISA rate given a boost

Category: ISAs
Date: 09/10/2015

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 It is now over 6 months old so the content may be out of date.

Norwich & Peterborough Building Society has increased the rate paid on its three-year fixed ISA by 0.10%, enabling it to move into a coveted position on the Moneyfacts charts.

The basics…

3 Year Fixed Rate Cash ISA now pays a competitive rate of 2.30% yearly, a top-10 rate for its sector.

The finer details…

This account can be opened and operated in branch, by post and online with a minimum deposit of £100.

Further additions are not permitted but it is possible to transfer in existing ISA savings when the account is opened. Savers also have the option to access funds early, although this is subject to the loss of 180 days' interest, the same penalty as applies to transfers away.

This ISA is also available from Chelsea Building Society, Yorkshire Building Society and Barnsley Building Society. Internet-operated versions are also available from these branches.

Why we like it…

Thanks to the rate increase, this ISA has been able to make its presence known in the charts, securing a place among the top 10 accounts of its sector. The fact that it also allows transfers in and early access to funds, albeit on the loss of 180 days' interest, acts as a further sweetener, ensuring its popularity among savers.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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