Bradford & Bingley launches new Isa products
www.moneynews.co.uk > Banking > Bradford & Bingley launches new Isa products
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Money News |
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Bradford & Bingley launches new Isa products
Tue 26th Feb 2008
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The product range includes an internet-only mini cash Isa called the eISA3, which offers savers fee-free access to their money and pays a higher rate of interest on larger balances.
It has also launched two mini cash Isas specifically aimed at customers who have not yet used their £3,000 worth of tax-free savings allowance for the 2007-08 tax year.
Both accounts, the one-year fixed-rate Isa and one-year fixed-rate eIsa, offer a rate of 5.75 per cent tax-free AER.
Customers singing up to the eISA3 account with savings between £1,000 and £9,999.99 will have a variable rate of 5.55 per cent tax-free AER, while savers with a balance of over £10,000 will receive 5.90 per cent tax free AER.
The account can only be opened with a new deposit of at least £1,000.
Abbey National announced yesterday that it is launching a new Super Isa with a tax-free rate of ten per cent AER.
Related News : Banking |
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Related News : Bradford and Bingley |
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