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Manchester BS unveils fixed rate cash ISA

Manchester BS unveils fixed rate cash ISA

Category: Savings

Updated: 06/03/2009
First Published: 06/03/2009

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 It is now over 6 months old so the content may be out of date.

Manchester BS is making its mark in the fixed rate cash ISA market with a new three year product paying 3.31% yearly.

Requiring a minimum £1K investment, further payments are allowed until 30 April 2009.

However, accessing your funds before the three years are up will require 60 days' notice and see the loss of 60 days' interest, so it's best to make sure you can live without the cash before taking the plunge.

Ideal for people yet to use this tax year's ISA allowance, ISAs from previous years can also be transferred in.

With a rate sitting only just below the best available in the market, we have awarded this product four out of five Moneyfacts stars.

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 Any products featured may be withdrawn by their provider or changed at any time.