Both early access and transfers out are permitted, subject to either providing 90-days’ notice or a 90-day loss of interest penalty, which – with careful planning – may be a benefit for some investors.
“This could be an attractive option for those able to meet the minimum investment amount of £1,000 and who are happy to secure their funds away for the term.”
Additionally, on the Tipton & Coseley Building Society account, she had the following to say: “This week Tipton & Coseley Building Society has made various amendments to its range of savings products, including the launch of a new one-year fixed rate ISA.
“Paying 0.45 percent yearly the account secures a position in our top rate tables when compared against other ISAs with similar terms currently on offer in the market, and therefore may be an attractive option for those who are looking to use their tax-free ISA allowance before the tax year ends next week.
