Bank of Scotland increases ISA rates | Product News - Moneyfacts

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Bank of Scotland increases ISA rates

Bank of Scotland increases ISA rates

Category: ISAs
Date: 04/03/2014

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 It is now over 6 months old so the content may be out of date.

Bank of Scotland has increased rates on its fixed and variable rate ISA range by up to 0.50%.

The basics…

The standout product is the 4 Year Fixed Cash ISA which now pays 2.15% yearly, with a slightly reduced monthly option paying 2.13%.

The finer details…

The ISA can be opened and operated in branch and by telephone with a minimum investment of £500.

Transfers in are accepted within 60 days of account opening but no withdrawals are allowed. Earlier access to funds is permitted on account closure and the loss of 320 days' interest.

Why we like it…

Paying a competitive rate of interest and with the bonus of transfers in and earlier access to funds subject to a penalty, the four year ISA is a Moneyfacts best buy.

Four Moneyfacts Stars have been awarded.

What Next?

Compare the best 3yr+ Fixed rate ISAs

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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