Santander issue new range of fixed rate ISA's paying up to 3.5%

Wednesday, 03 August 2011 12:49

Santander has launched a new range of fixed rate postal ISAs that pay up to 3.5 per cent interest.

The Spanish bank has issued fixed ISAs that pay between 3.25 and 3.50 per cent AER if you invest over a two-year term. You can invest between £500 and £14,000 and the ISA accepts transfers of funds from existing ISA’s in.

The one-year fixed rate postal ISA’s pay between 2.75 and three per cent for balances of between £500 and £14,000. The top rates on both types of ISA are only available for balances over £14,000.

The ISA’s are available to new and existing customers. Savers can deposit their current year cash ISA allowance as well as transfer in previous year ISA savings and receive a highly competitive return.

Use the Myfinances.co.uk comparison tables to find the best deal on a new ISA

• Tags:
• fixed rate isa
,
• fixed rate savings
,
• isa
,
• isas
,
• product news
,
• santander