Santander launches best buy flexible ISA

Santander has launched its new market leading penalty free instant access flexible ISA.

Paying 2.85 per cent it offers savers the chance to access one of the best savings rates on the ISA market.

The new ISA account will continue to allow penalty free instant access on withdrawals, so savers have the peace of mind of a minimum guaranteed rate but the flexibility of instant access to their money.

Santander is also offering a loyalty ISA for customers who currently have their main current account, mortgage or investment account with Santander or open a new current account and switch through the Account Transfer Service.

The loyalty ISA offers a savings rate of three per cent, tracking 2.5 per cent above the base rate for 12 months.

Reza Attar-Zadeh, director of savings and investments at Santander, said: "These latest products demonstrate our commitment to ensuring all our customers have access to great rates."

He added that the flexible ISA has been a fantastic success since its launch in ISA season and will continue to offer customers one of the best rates on the market.

Santander recently launched a range of fixed-term bonds with products available for 15 months or two-year terms.
 

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2010-10-07 12:35:06 © Moneyextra.com