Money News
On 3 March 2008 Barclays is launching three new savings accounts, including a market leading cash ISA paying 6.50% AER interest. The Tax Haven ISA can be opened with a minimum £1 and a maximum of £3,000 for the 2007 / 08 tax year, rising to £3,600 for the 2008/2009 tax year. The interest rate includes a 1% gross bonus for 12 months. You can open a Tax Haven ISA online, in branch or over the telephone.
The ISA is available for new and existing customers who will be investing new money in the ISA (i.e. transfers in cannot be made from an existing ISA).
At the same time Barclays will be launching two other new savings accounts also available to new and existing customers. Active Savings will pay a rate of 4%AER (including a guaranteed 0.75% gross bonus for one year) and will offer instant access through any Barclays branch on savings over £1. Nest-egg Savings offers rates of up to 5% AER (including a guaranteed 0.75% gross bonus for 12 months).
All three of the new accounts can be opened through Barclays branches or via the telephone or online for existing Barclays customers.
28 February 2008 © Moneyextra.com
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