Clydesdale’s competitive ISA | Product News - Moneyfacts

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Clydesdale’s competitive ISA

Clydesdale’s competitive ISA

Category: ISAs
Date: 22/04/2014

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 It is now over 6 months old so the content may be out of date.

Clydesdale Bank has reviewed its ISA range and launched a new two-year option which goes straight into the Moneyfacts best buys.

The basics…

Cash ISA – Fixed Rate Bond (Issue 24) pays 2.00% yearly until 31.5.16 on a minimum investment of £2,000.

This account is also available through Yorkshire Bank and can only be opened and operated in branch.

The finer details…

Further additions are allowed whilst the issue remains open, however only one payment is allowed per tax year and this includes the initial deposit, but customers will be allowed to top up to the new ISA allowance of £15,000 between 1 – 31 July.

Withdrawals are not allowed but earlier access is, subject to closure of the account and an interest penalty, the amount depending on the days left to maturity (up to 180 days loss of interest, minimum £30).

Why we like them…

Paying a competitive rate of interest and with earlier access permitted, albeit with a penalty, this is a competitive account for those with the right amount to invest.

Four Moneyfacts Stars have been awarded.

What Next?


Compare the best fixed rate ISA using our best buy charts

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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