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Santander increases two year ISA rate

Santander increases two year ISA rate

Category: Savings

Updated: 02/03/2011
First Published: 02/03/2011

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 It is now over 6 months old so the content may be out of date.

Santander has increased the rate of interest available on its two year fixed rate postal ISA.

The 2 Year Fixed Rate Postal ISA pays 3.50% yearly on a minimum investment of £500. Earlier closure and transfers out are allowed subject to 120 days' loss of interest and no additions permitted.

Transfers in are accepted at the time of account opening.

Paying 3.50%, this is one of the market leading rates for both those looking to invest this year's allowance or transfer previous years ISAs and fix their rate in the medium term.

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