AA have launched a new two-year ISA which heads straight into the Moneyfacts best buys.
2 Year Fixed Rate ISA pays a competitive 2.00% yearly on a minimum investment of just £1.
The account can be opened by post or online but must then be operated by post only.
No further additions are allowed, however old cash and stocks & shares ISAs can be transferred in. Earlier access to funds can be obtained on the loss of 180 days' interest in the first year, but this drops to 90 days in the second year.
Paying a competitive rate of interest, while allowing transfers in and early access, this should be an attractive deal for those looking for a fixed rate account.
Four Moneyfacts Stars have been awarded.
Find the best cash ISA.
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