Lloyds Bank has increased rates on its fixed and variable rate ISA range with the four-year option being a Moneyfacts best buy.
The 4 Year Fixed Rate Cash ISA now pays 2.15% yearly (2.13% monthly) on a minimum investment of £3,000, and 2.40% yearly (2.37% monthly) on transfers of £20,000 plus.
The account can be opened in branch and by telephone, and can then be operated by the same channels as well as online.
Transfers in from other cash ISAs are allowed while withdrawals and transfers out are permitted on the loss of 320 days' interest.
The initial rate on this ISA is competitive, but add to that the option to transfer existing ISAs to reach the higher interest tier as well as the opportunity to access funds earlier if needed, and this is an attractive deal.
Four Moneyfacts Stars have been awarded.
Compare the best 3 year+ fixed rate ISAs
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