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1 and 5yr ISAs enter charts

1 and 5yr ISAs enter charts

Category: ISAs
Date: 17/02/2017

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 It is now over 6 months old so the content may be out of date.

Virgin Money has amended selected ISAs, which has seen its one-year deal take the number two spot in the Best Buy chart for its sector and the five-year deal make number one, both earning a high rating in the process.

The basics…

The Virgin Fixed Rate Cash E-ISA Issue 223 now boasts a rate of 1.05% paid yearly to 24.03.2018, just behind the market-leader for its term, while the five-year version (Issue 226) pays a market-leading 1.65% yearly to 24.03.2022.

The finer details…

Both accounts are internet-only, and require a minimum investment of just £1. Additions are allowed for up to 30 days after account opening, as are transfers in from other ISAs. Early access is permitted on a loss of 60 or 180 days' interest respectively for the one and five-year terms, the same penalties that apply to transfers away from the accounts.

Why we like them…

The impressive rates on these accounts, along with their flexibility, have easily earned them their high spots in the Best Buys, as well as their high rating.

Moneyfacts rating: Excellent

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 Any products featured may be withdrawn by their provider or changed at any time.

 

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 Any products featured may be withdrawn by their provider or changed at any time.

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