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18-month ISA now number one

18-month ISA now number one

Category: ISAs
Date: 30/03/2017

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 It is now over 6 months old so the content may be out of date.

Principality BS has launched a new 18-month fixed rate cash ISA which has jumped straight to the number one spot in the Best Buy chart for its sector, earning a high Moneyfacts rating at the same time.

The basics…

The 18 Month Fixed Rate Cash ISA Issue 168 boasts the market-leading fixed rate of 1.40%, paid on its anniversary. A version paying 1.39% on a monthly basis is also available.

The finer details…

The account requires a minimum investment of £500. It allows transfers in from other ISAs, and additions are permitted while the issue remains open. Earlier access is permitted subject to closure of the account and a 150-day loss of interest penalty, with the same interest penalty applying to transfers out. The account can be opened and operated online, in branch and by post.

Why we like it…

This deal's rate easily outpaces the competition to be the highest currently available for its term, therefore deservedly earning a high rating and its chart-topping place in the Best Buys.

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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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