Norwich & Peterborough increases ISA rate | Product News - Moneyfacts

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Norwich & Peterborough increases ISA rate

Norwich & Peterborough increases ISA rate

Category: ISAs
Date: 11/08/2014

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 It is now over 6 months old so the content may be out of date.

Norwich & Peterborough BS has reviewed its 18-month fixed rate products, boosting the rate of its 18-month cash ISA by 0.10% to see it top the Moneyfacts charts.

The basics…

The 18 Month Cash ISA now pays a market-leading annual rate of 1.75% on a minimum investment of £15,000.

The finer details…

This ISA can only be opened in branch or by post, but can then be managed online as well as by post or in a local branch. Transfers in from cash and stocks & shares ISAs are welcome, and early access is allowed subject to the loss of 90 days' interest. As the minimum investment is the full 2014/15 allowance, further additions won't be permitted.

Why we like it…

Having upped the rates, Norwich & Peterborough BS has ensured that its 18-month fixed rate ISA holds its own among chart competitors. The option for early access gives the account added flexibility and appeal, although 90 days of interest will be lost.

Four Moneyfacts Stars have been awarded.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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