New fixed-rate Isa pay six times base rate

Money News

www.moneynews.co.uk > Banking > New fixed-rate Isa pay six times base rate

Topics

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Features

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Companies

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet

Money News

bullet
bullet
bullet
bullet
bullet

New fixed-rate Isa pay six times base rate

Chelsea Building Society has announced the launch of a new individual savings account (Isa) that is set to offer six times the present base rate of interest to savers.

Savers are being offered a fixed rate of 3.3 per cent AER until December 31st 2012, with the Isa available in branches or via the internet.

Chelsea product manager Lynne Pepper said: "We hope the launch of this competitive new product will act as a boost to savers, encouraging them to invest. Additionally, we only need an opening balance of just £100, which will help savers who have limited funds to invest."

Andrew Hagger, a spokesman for Moneynet.co.uk, recently argued that Brits should be doing all they can at present to put money aside for a rainy day.

He noted that people need to ensure they are paying all their essential bills each month - such as mortgages, council tax, energy bills and food - but they should also look to put any extra cash into savings.

Click here for more retirement calculator news
 ADNFCR-323-ID-800754628-ADNFCR

Related News : Banking

bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet
bullet