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Birmingham Midshires offer fixed term cash ISA

Birmingham Midshires offer fixed term cash ISA

Category: Savings

Updated: 23/01/2009
First Published: 22/01/2009

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 It is now over 6 months old so the content may be out of date.

Birmingham Midshires is offering the best one year fixed rate cash ISA on the market but you'll need to act fast as it won't be around long.

The minimum investment is only £1 and the interest paid on maturity is fixed at 4.20%. Even better news is that ISAs are tax free so all the interest is yours.

Other points: you can keep adding to the account throughout the year and can withdraw your cash but beware; if you do it will cost you 90 days' loss of interest.

Our tip: if your ISA is not paying as much as this one and you are able to move without penalty, this ISA accepts transfers.

We are impressed that Birmingham Midshires is bucking the current trend and has come out with a fixed term account paying more than the one it previously offered. The market leading rate earns it four out of five Moneyfacts stars.

If you fancy this account, please don't hang about as you won't be alone. Instead grab you mouse now and click on our savings pages for more info.

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 Any products featured may be withdrawn by their provider or changed at any time.