Principality launches new market-leading Isas

To mark the start of a new tax year Principality Building Society have announced a new range of Isas aimed at those looking for the best savings interest rates.

The building society has just launched competitive fixed-rate Isas that will allow customers to transfer in their previous tax-free savings.

Customers have the choice of a two-year fixed-rate account with an interest rate of 3.30 per cent AER and a three-year Isa offering 4.40 per cent AER.

Principality has also launched a three-year fixed Isa for people looking for the best savings interest rates as it offers a return of 4.17 per cent AER.

"We would encourage savers to review their current ISAs for the new tax year, to ensure that they are making the most of their existing ISA savings, as well as their new 2011/12 allowance," said Kate Murray, savings manager at the financial firm.

From today April 6th Brits can now invest an increased tax-free allowance of £5,340 each.

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2011-04-06 13:11:01 © Moneyextra.com