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 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.
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.
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
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