Promise ISA from Principality Building Society

Tuesday, 15 February 2011 02:29

Savers who would rather not lock their money away may be interested in the Promise ISA account from the Principality Building Society.

The account offers a rate of 2.30 per cent tax-free per annum/AER, inclusive of a 0.80 per cent unconditional bonus for the first year.
For the first 12 months, ISA savers can make unlimited withdrawals with the Promise ISA, subject to 30 days' notice or 30 days' loss of interest.
After this period, customers that make no more than two withdrawals per tax year will be rewarded with a fixed, conditional bonus of 0.50 per cent, payable on the core variable rate of 1.50 per cent AER.

Kate Murray, Principality's savings manager, said: "The Promise ISA aims to offer savers a consistent, tax-free return."

Use the Myfinances.co.uk comparison tools to find the best deal on an ISA investment 

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