Virgin Money has extended its fixed rate ISAs, allowing its five-year deal to retain its top-five position in the Moneyfacts charts.
Fixed Rate E-ISA Issue 112 pays a highly attractive yearly rate of 2.25% (2.23% monthly) until 24.4.20.
This account must be opened and operated online with a minimum investment of just £1.
Transfers in of both cash and stocks & shares ISAs are allowed, while further additions can be made for up to 30 days after the account has been opened. It is also possible to access funds early, although this will result in the loss of 180 days' interest, the same penalty as applies to transfers out.
A branch and postal-operated version of this ISA is available to savers who would prefer not to manage their account online.
The extended date of this competitive ISA means that more savers now have the opportunity to take advantage of its attractive rate and terms. Not only does this account offer a monthly option for those who want a regular income, but it also permits further additions and early access to funds (albeit with a penalty), which are unusual options in the fixed rate market. As a result, this ISA fully deserves a continued place in the Moneyfacts charts.
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 Any products featured may be withdrawn by their provider or changed at any time.
Moneyfacts.co.uk will, like most other websites, place cookies onto your computer’s
hard drive. This includes tracking cookies.