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AA improves easy access ISA

AA improves easy access ISA

Category: ISAs
Date: 12/10/2017

AA has increased the rate on its easy access ISA by 0.11%. As a result, it's taken up a competitive place in the variable ISA Best Buy chart and earned a high rating.

The basics…

The AA ISA - Easy Access Issue 13 now boasts a variable rate of 1.06%, paid yearly, which includes a bonus of 0.86% for the first 12 months. Interest must be compounded.

The finer details…

The online-only account requires a minimum investment of £100. It allows withdrawals of at least £10 via a nominated account, a new ISA or an existing AA ISA, and additions of any amount via debit card or by cheque through the post. Transfers in from other cash and stocks & shares ISAs are also welcome, but the account only allows full transfers out.

This account is operated by OneFamily on behalf of AA. Given the inclusion of a bonus, savers would be wise to review the account's competitiveness after 12 months.

Why we like it…

This deal's rate sees it sit just behind the market-leader for its terms, which is more than enough to see the ISA enter the Best Buys and earn a 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

 
 
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