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M&S Money increases interest rate on cash ISA

Friday, 11 May 2007 17:43
M&S Money will increase interest rated on its variable Cash ISA rate from 5.25% to 5.50%

The move follows the Bank of England's decision yesterday to increase the UK's underlying interest rate from 5.25% to 5.5%.

The new rates come into force today, May 11th 2007.

The rate increase will apply to the M&S Mini Cash ISA, Tessa Only ISA and the cash component of the M&S Maxi ISA.

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