Saffron Building Society launch new Fixed Rate Cash ISA

Saffron Building Society, the regional mutual serving East Anglia, has launched a Two Year Fixed Rate Cash ISA, available in branches or by post.

The minimum opening deposit for the new Cash ISA is £500. It can be opened with this year’s Cash ISA allowance and will also accept transfers in from previous years’ subscriptions. Subject to funds remaining invested for the full term the interest rate is 3.00% gross p.a./AER, with interest paid on maturity.

John Eastgate, Sales and Marketing Director, Saffron Building Society, said: “Our new Two Year Fixed Rate Cash ISA offers a competitive interest rate and enables savers to get the most from their Cash ISA allowance. People have different needs from their savings accounts so we aim to offer our members a range of different savings vehicles to suit their circumstances.”

Saffron Cash ISAs

Subject to funds remaining invested for the full term, other Saffron ISA products are also available:

2.85% One Year Fixed Term, Fixed Rate Cash ISA. Accepts transfers in
2.85% Online One Year Fixed Term, Fixed Rate Cash ISA