- Competitive rate of 3.50 per cent AER fixed for two years
- One year term available paying 3.00 per cent AER
- Existing ISA money can be transferred in
This week Santander has launched its latest Fixed Rate ISA range paying 3.50 per cent tax free for the two year ISA or 3.00 per cent tax free for the one year ISA. The accounts are available for both new and existing ISA savings.
Savers can deposit their current tax year cash ISA allowance as well as transfer in previous year ISA savings and receive a highly competitive return.
Fixed Rate Postal ISA:
Term Save from Earn Gross / AER (fixed)
2 Years £500 3.50%
1 Year £500 3.00%
These are limited offers that may change or be withdrawn at any time, so savers are encouraged to take advantage early in order to avoid disappointment. Both accounts are available to open in any Santander branch as well as over the telephone by calling 0800 234 6065.
Reza Attar-Zadeh, Director of Savings and Investments, at Santander said:
"Fixed rate ISAs offer certainty of return with the advantage of earning the interest tax free. With rates up to 3.50 per cent on our fixed rate ISAs, savers can be assured they are getting a good return. Both accounts allow savers to transfer in money held in cash ISAs from previous tax years so that they can keep all their cash ISA money in one place."
