Hinckley & Rugby Building Society has made reductions to their variable rate savings range, despite this, the 120-day notice ISA has held onto a spot within the Moneyfacts charts.
120 Day Notice Cash ISA Issue 2 now has a competitive rate of 1.60% yearly, earning it a place among the market-leaders of its sector.
The finer details…
This account can be opened and operated in branch and by post with a minimum investment of £500.
Savers are invited to make further additions, but transfers in of other ISAs are not permitted, meaning that only this year's ISA allowance can be invested. Unlimited withdrawals are allowed, and early access is also possible upon the loss of 120 days' interest. Transfers away from this account will incur a penalty of £25.
Why we like it…
Despite the slight rate reduction, this deal retains its competitive spirit. The attractive rate, and the ability to make further additions and access funds early, although subject to a penalty, makes this an appealing deal that merits its place in the Moneyfacts Charts. As a result, this ISA is likely to be of great interest to savers.
Four Moneyfacts Stars have been awarded.
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