Abbey launches direct mini cash ISA at 5.5%
Tuesday, 06 Mar 2007 13:50
Abbey has launched a new mini cash ISA paying 5.50% which can be opened for £1.
And for those who can transfer in £9,000 into an Abbey cash ISA there is a rate of 5.75% available.
The ISA is open for both new and existing customers, and even offers a cash card for withdrawals.
The account offers customers instant access to funds through post, telephone, ATM or online. The minimum opening balance is £1 and transfers can be made into the account from other ISAs.
"Government figures show that only one in three savers has a cash mini ISA," said Reza Attar-Zadeh, head of savings at Abbey.
"Those who don’t use their ISA allowance are not making the most of their hard-earned money.
"This is one of the best cash mini ISA rates on the market and offers the flexibility of an account card, and instant access online, by phone, post or ATM."