The interest rate is fixed and paid annually provided that you;
Make a deposit of £5,000 to £500,000.
Are a UK resident and aged 18 or older.
You can open the account by post.
Only accept transfers in from existing ISAs.
Withdrawals (including transfers to other providers) prior to maturity date are subject to a penalty charge.
The best Fixed Rate interest for a 4 year Term.
Does not accept cash deposits.
Cannot apply online.
Transactions must be done by post.
ISA's were once the darling amongst savers, offering the top rates of interest and Tax Free to boot. How things have changed in the last few years. Sure they are still Tax Free over and above your Personal Savings Allowance, but the interest rates are abysmal and can easily be beaten by high interest paying Current Accounts, Regular Saver & Fixed Term Accounts.