Family BS has launched a new one-year fixed rate cash ISA which has jumped straight to the number one spot in the Best Buy chart for its sector, earning a high Moneyfacts rating in the process.
The 1 Year Fixed Rate Cash ISA (2) boasts a market-leading fixed rate of 1.15%, paid yearly.
The account requires a minimum investment of £1,000. It allows transfers in from cash ISAs only, while additions are permitted for 15 calendar days from account opening. Earlier access is permitted subject to closure of the account and a 99-day loss of interest penalty, with the same interest penalty applying to transfers out. The account can be opened and operated by phone, online, in branch and by post.
This deal's rate outshines the competition to be the highest currently available for its term, therefore deservedly earning its chart-topping place in the Best Buys and a high rating.
Moneyfacts rating: Excellent
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