Furness BS has increased selected rates by up to 0.20%, which sees its one and two-year ISAs enter the Best Buy charts for their respective sectors, earning a high rating at the same time.
The 1 Year Fixed Rate Issue 125 now boasts a rate of 1.05%, paid on maturity, while the two-year option (Issue 126) pays 1.15% on its anniversary.
These accounts require a minimum initial investment of £1,000. No further additions are allowed, while transfers in are permitted from cash ISAs only. Earlier access in the form of withdrawals or transfers out is permitted on closure of the account and the loss of 180 days' interest. The accounts can be opened and operated in branch and by post.
The competitive rates on these accounts are enough to earn them their high rating, as well as a place in the Best Buys.
Moneyfacts rating: Excellent
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