Tesco increases ISA rate | Product News - Moneyfacts

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Tesco increases ISA rate

Tesco increases ISA rate

Category: Savings
Date: 24/01/2014

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 It is now over 6 months old so the content may be out of date.

Tesco Bank has increased the rate of its 1 Year Fixed Rate Cash ISA by 0.25%.

The basics…

The product now pays a competitive 1.75% yearly, making it a top five rate and a best buy.

The finer details…

Transfers in are accepted and it benefits from allowing earlier closure, albeit on the penalty of 30 days' loss of interest.

Why we like it…

This rate increase, coupled with the added bonus of allowing transfers in and earlier access, means Tesco Bank's one-year product is extremely competitive within the ISA market.

Four Moneyfacts Stars have been awarded.

What Next?

Compare the best available one year fixed rate cash isas

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
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