Bradford & Bingley One-Year Fixed-Rate Mini Cash Isa announced
www.moneynews.co.uk > Banking > Bradford & Bingley One-Year Fixed-Rate Mini Cash Isa announced
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Money News |
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Bradford & Bingley One-Year Fixed-Rate Mini Cash Isa announced
Mon 3rd Apr 2006
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On this basis of a minimum one-off investment, the company claims that savers will earn a guaranteed £153 of interest at the end of the first year.
Investing in an Isa at the beginning of a tax year is the best way of making the most of interest payments, according to Bradford & Bingley, yet 14 per cent of last year's investments were made at the end of March.
No transfers from existing Isas will be allowed with the account and no withdrawals will be permitted until the product matures 12 months after its opening.
Steve Potter, head of savings for Bradford & Bingley, commented: "This limited edition account has been specially designed for those savers who don't want to leave their Isa investment to the last minute, missing out on valuable interest payments. We're rewarding those people who are quick off the mark this tax year with a great rate."
The Bradford & Bingley One-Year Fixed-Rate Mini Cash Isa will be on limited issue for 2006-07 subscriptions only, from April 6th onwards.
Related News : Banking |
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Related News : Bradford and Bingley |
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