Virgin Money has launched a two-year ISA paying a competitive rate of interest which heads straight into the Moneyfacts best buys.
Virgin Fixed Rate Cash E-ISA Issue 77 pays 2.00% yearly to 24.6.16, with a monthly option of 1.98%, on a minimum investment of just £1.
This account must be opened and operated online, however a branch and postal operated version is also available.
Transfers in are permitted, as are further additions up to 30 days after account opening and savers can top up to the new £15,000 limit during July. Withdrawals and transfers out are also allowed but this earlier access will come with a penalty of 90 days' loss of interest.
Paying a competitive rate of interest for its term, and with transfers in and earlier access possible, this will be a popular account for those looking for a tax-free haven for their savings.
Four Moneyfacts Stars have been awarded.
Find the best fixed rate ISA
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