Tesco Bank increases Instant Access Cash ISA rate

Tesco Bank has increased the rate on its Instant Access Cash ISA to 2.30% Gross/AER (variable).

The ISA can be opened online or over the phone, with a minimum of £1 and allows customers to make deposits (up to the subscription limit) and unlimited withdrawals throughout the tax year.

David McCreadie, Managing Director of Banking, Tesco Bank, commented: "We know customers are looking for competitive savings products and today's increase will help savers looking for good returns. ISA's are a convenient, tax-free way for customers to save and they can start saving in a Tesco Bank Instant Access Cash ISA with just £1."
 
For more information, visit tescobank.com.