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New issue of Cheshire ISA Saver

4th April 2013 Print

Cheshire Building Society is launching a new issue of ISA Saver for the 2013/14 tax-year.

ISA Saver (Issue 3) is a cash ISA paying a competitive 2.30% AER/tax-free variable, which includes an introductory fixed bonus of 1.80% AER/tax-free. until 31 October 2014. The rate applies to balances of £1,000 or more.
 
The new account accepts transfers in, allowing savers to deposit both new and previous years' cash ISA subscriptions. Savers can open ISA Saver either online or by phone, but transfers in requests must be completed online. The account is managed by post and allows unlimited withdrawals and deposits (subject to ISA allowance).
 
ISA Saver (Issue 2) has been withdrawn from sale at close of business from 3 April 2013.
 
Richard Marriott, Nationwide head of savings, said: "Nobody likes paying more tax than they need too, but if you put your money in a standard savings account rather than a cash ISA, that's exactly what you are doing. The Cheshire ISA Saver offers one of the highest rates on the market and is definitely one to consider if you are looking to utilise your 2013/14 cash ISA allowance.
 
"And remember that if you're a saver looking to transfer your existing cash ISA money to the Cheshire, we have committed to paying interest on receipt of your cash ISA transfer application as part of our seven Savings Promises."

For more information, visit thecheshire.co.uk.