New 3-yr ISA finds a place on the charts | Product News - Moneyfacts

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New 3-yr ISA finds a place on the charts

New 3-yr ISA finds a place on the charts

Category: ISAs
Date: 26/11/2015

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 It is now over 6 months old so the content may be out of date.

Yorkshire Building Society has unleashed a three-year fixed rate ISA onto the market, wresting a position on the Moneyfacts charts away from its competitors thanks to its attractive rate and terms.

The basics…

The three-year version of Fixed Rate ISA pays 2.30% yearly (2.28% monthly) until 31.12.18, a joint market-leading rate in its sector.

The finer details…

This account can be opened and operated in branch and by post with a minimum deposit of £100. The first interest payment will be made on 31.12.16.

Additional deposits can be made while the issue remains open and transfers in of pre-existing cash and stocks & shares ISAs are permitted. Early access is also possible, albeit upon closure of the account and the loss of 180 days' interest. This penalty will also apply to transfers away.

This account is also available from Barnsley Building Society, Chelsea Building Society and Norwich & Peterborough Building Society.

Why we like it…

Savers on the hunt for a competitive return are likely to welcome this newcomer. Paying the joint market-leading rate for its term, this deal has much to boast about, including its acceptance of transfers in, the option to earn interest monthly, and the possibility of early access.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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