Co-op now offers savers fixed-rate ISAs

Wednesday, 04 November 2009 12:00

Fixed-rate ISAs are being made available to savers at the Co-operative Bank following its merger with Britannia.

A one-year fixed-rate ISA with a rate of 2.6 per cent and a two-year version paying three per cent interest are now on offer for customers with a minimum of £3,600 to invest.

The tax-free savings plans are the first fixed-rate products to be offered through the bank.

John Hughes, of the Co-operative Bank, said: "It's great that so soon after the merger our savers are already able to see the benefits with these two new products.

"One of the promises we made to our customers was to offer a wider range of enriched products, and this is the first step of the journey."

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