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Tesco Bank launches best buy ISA

Tesco Bank launches best buy ISA

Category: ISAs

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 It is now over 6 months old so the content may be out of date.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 unveiled its latest highly competitive fixed-rate ISA, available to savers with minimum deposits of just £1.

The basics…

This account pays a fixed rate of 2.05% over a one year term.

The finer details….

Further additions can be made within the first thirty days of the account being opened and transfers in are not accepted.

Funds can be accessed upon account closure, although this is subject to a 30 days' loss of interest.

The account is available to savers aged 18 and over and can be operated by telephone or online.

Why we like it….

This one-year ISA offers an appealing savings option to those looking to invest over a twelve month period. Four out of five Moneyfacts Stars have been awarded.

What next?

1 year fixed rate cash ISAs
Download your free guide to 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 Any products featured may be withdrawn by their provider or changed at any time.