Julian Hodge Bank has increased the rate of its four and five-year ISAs by 0.15%, enabling both to maintain coveted places in the Moneyfacts charts.
4 Year Fixed ISA now pays a market-leading rate of 2.15% yearly, the top rate for its term, while the five-year version pays 2.40% yearly, which enables it to sit just below the current leaders of its sector.
Both of these accounts can be opened in branch and by post with a minimum investment of £5,000. They must then be managed by post.
Although further additions are not permitted, it is possible to transfer in existing ISAs (minimum £5,000). Early access is also allowed, although this will result in the closure of the account and a penalty, which will also apply to transfers out.
The rate rise to these ISAs has enabled them to shore up their positions on the charts, with the four-year variant proving to be particularly competitive. The option to transfer in existing savings and access funds early, albeit with a penalty, means that these deals will appeal to those who are looking for a great rate with some added flexibility.
Moneyfacts rating: Excellent
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