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