ISA rates increased by Lloyds | Product News - Moneyfacts

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ISA rates increased by Lloyds

ISA rates increased by Lloyds

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 It is now over 6 months old so the content may be out of date.

Lloyds Bank has increased rates on its fixed and variable rate ISA range with the four-year option being a Moneyfacts best buy.

The basics…

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 finer details…

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.

Why we like it…

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.

What Next?


Compare the best 3 year+ 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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