Monmouthshire Building Society has hitched up the rate on its cash ISA by 0.65%, meriting it a four-star review from Moneyfacts.
Cash ISA 6 now pays an impressive 1.65% per annum on a minimum investment of £10. For savers keen to have a regular income, a monthly option paying 1.60% is also available.
Savers should note that this ISA is only available to those living within the Monmouthshire area.
This instant access account allows unlimited withdrawals as well as further additions. The account can only be opened in branch, but can then be conveniently managed in branch, by post or online.
Transfers in of other ISAs are not permitted, unless the investor wants to transfer funds from a pre-existing Monmouthshire BS cash ISA.
For locals of the Monmouthshire area, this cash ISA now offers an impressive savings rate, which is sure to attract the notice of investors on the lookout for a good deal. The option to have a monthly income adds flexibility to the account, which further adds to its appeal.
Four Moneyfacts Stars have been awarded.
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