Lloyds TSB and Scottish Widows announce ISA deals
6 March 2007
From tomorrow (Wednesday 7 March), customers looking to use their ISA allowance before the end of the 2006/07 tax year will be able to benefit from two great deals from Lloyds TSB and Scottish Widows.

For customers looking for a cash ISA, Lloyds TSB is launching a 12 month fixed rate mini cash ISA which gives 50% more interest if no withdrawals are made on the account in the fixed rate period. This means customers could earn up to 5.55% AER/Gross (basic interest rate for this account is 3.70% AER/Gross and the bonus interest rate is 1.85% AER/gross).

The account has a minimum opening balance of £3,000 and customers can also transfer other ISAs from previous years when they open the account. This offer ends on 5 April 2007.

For customers wishing to take out a lump sum stocks and shares ISA, Scottish Widows is offering a 50% discount off the initial charge. This offer runs until 30 April, giving customers the opportunity to take advantage of this great offer in this tax year and the next. This offer does not apply to the Capital Protected Fund.

To take advantage of these offers, or to find out more about which ISA would be best for them customers simply need to visit any Lloyds TSB branch across the UK.

Liz Hogbin, head of savings at Lloyds TSB said: “I’m really excited that we have two great offers available this year to help our customers get even more from their ISA allowance. Tax year end is looming and people need to act now to take advantage of their annual ISA allowance if they haven’t already done so.”

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