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United Bank now offers market-leading ISAs

United Bank now offers market-leading ISAs

Category: ISAs
Date: 13/02/2018

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 It is now over 6 months old so the content may be out of date.

United Bank UK has increased selected rates by up to 0.23%, which sees its three and five-year ISAs become market-leaders, with the five-year deal now sitting firmly in first place. They've both earned a high rating as a result.

The basics…

The 3 Year Fixed Rate Cash ISA now boasts a rate of 1.87%, while the five-year equivalent pays a rate of 2.21%. Both rates are market-leading and paid on their anniversary, whereby interest must be paid away, and both also offer alternative versions that pay interest on a monthly or quarterly basis.

The finer details…

These accounts require a minimum initial investment of £2,000. They allow transfers in from other cash ISAs, but no additions. Early access is only possible on closure of the account and the loss of 270 or 365 days' interest respectively for the three and five-year deals, with the same interest penalties applying to transfers out. The accounts can be opened and operated in branch and by post.

Why we like them…

The market-leading rates on these accounts are more than enough to earn them their places 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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