Bradford & Bingley One-Year Mini Cash ISA launched
www.moneynews.co.uk > Banking > Bradford & Bingley One-Year Mini Cash ISA launched
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Bradford & Bingley One-Year Mini Cash ISA launched
Mon 6th Mar 2006
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Savers' annual tax-free allowance period expires on April 5th and the bank has aimed its product at savers who want to invest a lump sum before this date.
A minimum investment of £1,000 is required to open the account and additions can be made up to a maximum of £3,000.
Withdrawals are not permitted until the account reaches maturity and interest will be paid on an annual basis on the date that the ISA was first opened.
Steve Potter, head of savings for Bradford & Bingley, said: "People who don't feel confident about investing in the stock market and want to know from the outset exactly how much money they will make may find this ISA is a good way of saving for the future."
The Bradford & Bingley One-Year Mini Cash ISA is a limited offer and is only available until April 5th 2006.
Related News : Banking |
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Related News : Bradford and Bingley |
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