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A nicer ISA from Principality BS

A nicer ISA from Principality BS

Category: Savings

Updated: 07/04/2011
First Published: 07/04/2011

This article was correct at the time of publication. It is now over 6 months old so the content may be out of date.

Principality BS has relaunched its ISA range, with its one year product proving to be the pick of the bunch.

The 1 Year Fixed Rate ISA Issue 79 pays a rate of 3.10% on maturity on a minimum investment of £500.

Earlier access can only be made on closure of the account and is subject to a 90 day loss of interest. Transfers out are also subject to a 90 day loss of interest, while transfers in are not accepted.

At 3.10%, the one year ISA is amongst the market leaders for its term, although this is for the 2011/12 tax allowance only as transfers in are not permitted. The fact that early closure is permitted on 90 days' loss of interest is also a plus.

Four out of five Moneyfacts stars have been awarded.

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