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2yr ISA goes top

2yr ISA goes top

Category: ISAs
Date: 07/03/2017

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 It is now over 6 months old so the content may be out of date.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 amended selected fixed rate accounts, increasing rates by up to 0.16%. As a result, its two-year ISA has moved to the top of the Best Buy chart for its sector and earned a high rating.

The basics…

The 2 Year Fixed Rate Cash ISA Issue 167 now boasts a market-leading fixed rate of 1.26%, paid on its anniversary. A version paying 1.25% 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 while the issue remains open. Earlier access is permitted subject to closure of the account and a 180-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 market-leading rate, combined with its flexibility, has deservedly earned it a high rating as well as the number one spot 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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