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ISAs benefit from rate increase

ISAs benefit from rate increase

Category: Savings
Date: 10/02/2017

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 It is now over 6 months old so the content may be out of date.

Leeds BS has increased the rates on selected ISAs, which has seen its two-year deal take the number one place in the Best Buy chart for its sector and the three-year deal enter the charts, both earning a high rating in the process.

The basics…

The 2 Year Fixed Rate ISA Issue 87 now boasts a rate of 1.20% paid yearly to 31.03.2019, making it the joint market-leader for its term, while the 3 Year Fixed Rate ISA Issue 48 pays 1.30% yearly to 31.03.2020, the top rate for its term.

The finer details…

Both accounts are branch and post-operated, and require a minimum investment of £100. Additions are allowed until 05.04.2017, as are transfers in from other ISAs. Early access is permitted on a loss of 150 or 240 days' interest respectively for the two and three-year terms, the same penalty as applies to transfers away from the accounts.

Why we like them…

The top rates on these accounts have easily earned them their 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 Any products featured may be withdrawn by their provider or changed at any time.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 Any products featured may be withdrawn by their provider or changed at any time.

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